Question
Mention the differences between developed countries and developing countries.
✓
Answer
Comparison Chart
| Basis | Developed Countries | Developing Countries |
| Definition | A country having an effective rate of industrialisation and individual income | A country which has a slow rate of industrialisation and low per capita income. |
| Status | Independent and Prosperous | Dependent and impoverished. |
| Available Resources | Effectively utilised | Ineffectively utilized. |
| Dependency | Self-contained and flourished | Dependent and emerging to be developed. |
| Literacy Rate | High | Low |
| Infrastructure | High standard of living and a better environment in terms of health and safety | Moderate standard of living in terms of health and safety. |
| Growth | High Industrial Growth. | They rely on the developed countries for their growth. |
| Rates | Low infant mortality rate, death rate and birth rate while high life expectancy rate | High infant mortality rate, death rate and birth rate, along with low life expectancy rate. |
| Poverty and Unemployment | Low | High. |
| Generates more revenue from | Industrial sector | Service sector. |
| Distribution of Income | Equal | Unequal. |
| HDI (Human Development Index) | High | Low. |
| GDP | High | Low. |
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
Explore more
Similar questions
‘‘Globalisation and greater competition among producers has been advantageous to consumers.’’ Support the statement with examples.
How are local companies benefitted by joining hands with MNCs for production?
What are Consumer Protection Councils (CPCs)? What are the main activities of the CPCs?
What is an organised sector? Describe its working conditions.
Mention the characteristic of the formal and informal sources of credit in India.
Do you think globalisation would have been possible without the expansion of Information Technology (IT)? Comment.
Using examples from your area compare and contrast that activities and functions of private and public sectors.
Recent studies point out that small producers in India need three to compete better in the market (a) better roads, power, water, raw material, marketing and information network (b) improvement and modernization to technology (c) timely availability to credit at reasonable interest rates.
- Can you explain how these three things would help Indian producers?
- Do you think MNCs will be interested in investing in these? Why?
- Do you think the government has a role in making in these facilities available? Why?
- Can you think of any other step the government could take? Discuss.
Chinese toys have taken over the Indian toy market due to globalization and promotion of international trade leading to huge losses to Indian toy manufacturers. Do you think the mantra of “Boycott and Swadeshi” would be of any help today? Why or why not?
Study the diagram given below and answer the questions that follow:-
- Which was the largest producing sector in 1973? Give one reason.
- Which was the largest producing sector in 2003? What was its contribution to total G.D.P?
- What was the main reason for the highest increase in G.D.P. in this sector in comparison to other sectors?