Developing country
Different people have tried to classify countries into different groups. This is usually done either by looking at how rich people are, on average, in different countries. Most of the time there are two groups, namely developing countries and developed ones. Sometimes there are three groups, in which case the third group is between developing and developed countries, and is usually called emerging countries.
These definitions are problematic, because a high standard of living does not just mean that people make a lot of money. The main problem is that things cost different amounts in different countries. Just because people earn more money in one country does not necessarily mean they are better-off; they might earn more simply because the cost of living is higher. This means they need to spend more money just to buy those things they need every day.
For this reason, there are different definitions of developing countries. The level of economic development also changes a lot from one developing countries to another. There are developing countries that have a high standard of living.[1][2]
Many of these countries have a lot of natural resources but not the Industrialization that would use them, so the resources are sold to the countries which can use them.
Words used to describe these countries
There have been many other names used to describe these countries, including:
- Third World: this name is because the members of NATO and their allies, which mostly had democracy and capitalist systems, counted themselves as the "First World"; communism (led by the USSR) was considered the "Second World"; and the countries which did not take sides in this way were counted as a "Third World" category.
- Developing Countries and Less Developed Countries (LDCs) are now often used because it seems less insulting than the name "Third World".
Developing Country Media
- Developed countries or cities* Developing countries* Least developed countries* Data unavailableThe latest classifications sorted by the IMF and the UN
World map representing Human Development Index categories (based on 2022 data, published in 2024)Template:Legend-col*
Map of high-income economies according to the World Bank in 2023.
World regions by total wealth (in trillions USD), 2018
A formation of human chain at India Gate by the women from different walks of life at the launch of a National Campaign on prevention of violence against women, in New Delhi on 2 October 2009
Percentage of women older than 14 who have experienced violence by an intimate partner
Percentage of people with undernutrition by country, World Food Program, 2020* Under 2.5%* 2.5% – 5.0%* 5.0% – 14.9%* 15.0% – 24.9%* 25.0% – 34.9%* Over 35.0%* No data
Solar cookers use sunlight as energy source for outdoor cooking.
.svg)
,_2018.jpg)
References
- ↑ Sullivan, Arthur; Steven M. Sheffrin (2022). Economics. Paramus, New Jersey: Savvas Learning Company. p. 471. ISBN 0-13-063085-3. Archived from the original on 2016-12-20. Retrieved 2009-07-30.
- ↑ "Composition of macro geographical (continental) regions, geographical sub-regions, and selected economic and other groupings (footnote C)". United Nations Statistics Division. 17 October 2008 [revised]. Retrieved 2008-12-30.