Difference between Developed,Under-developed and Developing Countries

Countries are classified on the basis of economic development. The United Nations groups nations as developing, under-developed or developed. The World Bank arranges nations as indicated by their GNI per-capita pay. The order of a nation relies upon its income as well as on different variables that influence how its public live, how the economy is incorporated into the worldwide framework, and the extension and expansion of its fare businesses. This article deals with the differences between developed, under-developed and developing nations.

Developed Nation

A developed nation is one that has a very high rank in industrial advancement. It is known for constructing its economy in light of innovation and assembling; rather than pursuing agribusiness. The variables of production, for example, human and regular assets, are completely used bringing about an increment underway and utilization which prompts a very high rank in per capita salary.

A nation with a high Human Development Index (HDI) is viewed as a developed nation. It not just measures the financial improvement and GDP of a nation, but also its instruction methodology and future.

Under-developed Nation

An Under-developed nation is one which has very low human development index. The natural and human resources are in abundance, but are not put to any good use in such nations.

Developing Nation

A developing nation is one having a way of life or level of modern advancements well beneath that conceivable with money related or specialized guide; a nation that is not yet exceptionally industrialized. A country having less utilization of resources and low per capita income which leads to low GDP of the country is called a developing nation.

Developed vs. Developing vs. Under-developed Countries

Industrial Economy

In developed countries, economy depends on industrial sector instead of agriculture sector. There is more development in industrial sector.

In developing countries, mostly economy depends on agriculture sector. Such countries tend to move towards industrialization.

Citizens

In developed countries citizens and well-off and rich.

In developing countries proportion of rich citizens is very low.

Unemployment

In developed countries there is no such issue of unemployment. They provide many employment opportunities to the citizens.

In developing countries issue of unemployment is there and it affects the economy of country very badly.

Education

The growth rate in education sector is very high in developed countries and they have best education systems.

Whereas the growth rate of developing countries in education sector is low as compared to developed countries. While developing countries are following the education system of developed countries to achieve the standard.

Technological advantages

In developed countries, every place is full with technological advancements and they always try to make it better.

In developing countries, there are many undeveloped rural areas and even urban sector have less technological advancements.

Roads and Infrastructure

Developed countries have a very sound infrastructure by having better roads, railway tracks, airports etc.

Developing countries don’t have a sound infrastructure as compared to developed countries. The money paid by tax-payers is invested in more important issues like defence, education, etc.

Government

There exists stable government in developed countries so that they make effective and reliable policies for better economic development.

Developing countries have unstable governments that mostly try to follow the policies made by developed countries.

Health care

In developed countries, good and better facilities for health are provided to citizens.

In developing countries, health care facilities are not so good and acceptable.

Resources

In developed countries, the natural and human resources are fully and efficiently consumed.

In developing countries, many of the natural resources are still untouched and others resources are also not fully utilized.

Under-developed countries have ample natural and human resources. But, these resources are not put to any use. There are no good leaders who can unite the land, labour, capital and entrepreneurship. Thus, such countries suffer at the hands of loot by some of their wealthy greedy citizens or some foreign countries.

Income

There is a high level of income as per citizen living in developed country so that they have high GDP and GNP.

Developing countries have low level of income as per citizen living in country with unequal distribution of income as that have low GDP and GNP.

People don’t have employment opportunities and per capita income is next to negligible. Most of the population falls below poverty line i.e. people are unable to make both ends meet and secure two meals a day for themselves. This badly effects the GDP and GNP of the nation. Poverty becomes a paradoxical condition and government doesn’t have enough funds to increase standard of living of its citizens.

Human Development Index (HDI)

In developed countries, there are best education systems and better health care and high income level so this leads to high value and ranking of HDI.

In developing countries, there are low income level and fewer facilities for health care and low rates of education so this leads to low or middle ranking in HDI.

Under-developed countries score very low on the Human Development Index. Educational facilities and health care are missing in such countries. Also, people don’t get the funds allotted to them due to loopholes and corrupt bureaucracy.

Life expectancy

In developed countries, due to better health care the life expectancy has increased. Such countries have low birth rate as well as low death rate.

In developing countries, life expectancy is not so high but has high rates of birth and death due to less facilities and lack of education.

Under-developed countries have high birth and mortality rate. This is due to unavailability of education, contraception and proper medical assistance. Children are born and not taken care of. The conditions of adults and elder people is also ruthless.

Water and food supply

In developed countries, safe and clean water is supplied with plentiful supply of food items and good housing conditions.

In developing countries, dirty and unsafe water is supplied with less reliable food items and poor condition of houses.

Under-developed countries face the problem of very poor hygiene conditions. Fresh food and clean drinking water becomes a subject of question. People die due to mal-nutrition.

Conclusion

From above discussion we come to know that developing and under-developed countries face a lot of problems in way of development. These problems can be solved only through good governance and spread of education among the masses.What is your opinion?