Developed vs Developing Countries

limited resources

Developing countries will have a limited amount of
resources as they are developing.

rapid population growth

New developing countries typically have high
population growth which they cannot support.

political instability

New countries need a stable form of government
and it may be difficult to create one from the bottom up.

poor infrastructure

New nations will usually not have good infrastructure
and will have to develop it over time.

Low GNI

New nations will not have a high national income
as they are just developing and are not bringing
in much money.

industrial experience

Developed countries have industrial experience and
have well designed industry.

good rates

Developed countries typically have good infant mortality rates, and death/birth rates are low.

Good living conditions

Developed countries usually have good living conditions
and are not in poverty.

Good growth

Developed nations are already grown well,
but they continue to grow as time passes.

Factors of Production

The factors of production are being correctly
and efficiently utilized in a developed nation.