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Developed vs Developing Countries
- 1. Developed vs. Developing Countries
- 2. Developed Country • Also called – Industrialized countries – More economically developed countries
- 3. Reasons Why • Form of government (democracy) • Free market economy • Lack of corruption • More dependent on manufacturing than agriculture • Prevalent technology
- 4. Examples • United States • Japan • Germany • France
- 5. Developing Country • Country with low standard of living • Also Called Third World Countries • Undeveloped industry • Lack modern technology • Low levels – Education – Healthcare – Life expectancy
- 6. Examples • Mexico • Brazil • South Africa • Thailand