Characteristics of Developing and Developed Countries

Characteristics of Developing and Developed Countries

Introduction

There are currently about 180 countries in the world. They can easily be divided into two categories. First developed countries, secondly underdeveloped countries. After World War II, underdeveloped countries, like developed countries, have embarked on their own development projects.

The state of stagnation is no more. Now they too are on the path of development. That is why in no sense can any country be called backward or underdeveloped. The appropriate word for these countries is Developing Countries. Similarly, we can call countries developed countries or developing countries. Another term used today to describe countries is more developed or less developed countries. In our unit, in those words

But it doesn't matter if a country is called developed or underdeveloped. Compared to them, other countries will be given the words of developed or more developed countries.

Economic after

Globally 1990, Gross Income and Total Population to quickly assess the gap between developed and developing countries.

According to the statistics used, 83% of the world's income is in the hands of 23% of the population and 17% of the world's income is in the share of 77% of the population. The following statement illustrates this point.

Developed countries, whether they are highly developed or moderately developed, will be counted in the group of developed countries. Both of these countries are home to 23% of the world's population. But less than a quarter of the population is from developed countries, accounting for 83% of the world's total income.

Is. In contrast, developing countries account for 17% of the world's income. Simply put, 83% of wealth will be divided into 23% of the population to determine the per capita income. Thus, the overall per capita income of developing countries is only 5% of the per capita income of developed countries.

Post-economic phenomena

The relationship between income and population is a common phenomenon through which the difference between developed and developing countries can be clarified, but in modern times, in addition to income and population, many other criteria have been established which The economic differences between the two countries can be shown. Different economists emphasize a number of phenomena to estimate the development gap. Let's take a brief look at these phenomena.

UN reports say developing countries have lower per capita incomes than the United States, Canada, Australia and Western Europe.

B. Colin Clark: According to, developing countries are the ones where the beginnings be hit by industries.

According to Nurkse, developing countries are those that do not have adequate capital compared to their natural resources and population.

J.L. Fisher: The per capita production of products in developing countries is lower than in less developed countries.

Characteristics of developing and developed countries

Let us now describe in detail the characteristics that make the difference between developed and developing countries clear.

Shortage of Natural Resources

The presence of natural resources is very important for development in any country. Just as we cannot imagine traveling without a bus or an airplane, it is extremely difficult to continue the journey of development in the absence of natural resources. Natural resources include forests, minerals, rivers, weather conditions and climate. Wood, oil, petrol, iron, copper, dams, electricity and soil fertility are essential for economic growth. If a country lacks these resources, it is not easy for it to develop rapidly. Many of these resources accelerate development

Performs the campaign for the United States, Russia, the United Kingdom, West Germany, and Japan have abundant natural resources in various forms, while Uganda, Tanya, Zimbabwe, and Kenya have a general shortage of natural resources.

The notion of scarcity of natural resources is also strange. Scientists say that nature has enriched every region with natural resources. The abundance of resources was more or less the same in all areas and still is today. Now, if there is a shortage of natural resources in a region, it may be due to technological backwardness, not natural power. Natural resources abound everywhere has discovered them and we still have these secrets. Countries that have shown the essence of their hard work in science and engineering have achieved high standards of three OVCs, where technology development has not been possible due to job theft and cheapness, those countries have lagged behind.

On the basis of this argument, no country is poor or backward because it lacks resources, but because it lags behind in development because it does not have the technology it needs to grow its natural resources. You can do that.

However, in a country where resources are scarce or available, but they do not have full knowledge or technology to benefit from them, the thing is that such countries remain backward and underdeveloped. Countries that have increased their ability to explore and use natural resources have come a long way in the race for development.

Natural gas from Sui and oil extracted from Mial have always been present in Pakistan but for a while I was not aware of their presence. With the development of engineering and knowledge, we have acquired that technology. He said that now we are able to take advantage of these secret gifts of nature.