Developed vs Developing

Developing

Inadequate Infrastructure

the lack of facilities and services necessary for an economy to function well

Limited Resources

Restricted amounts of inputs required by a business or economy such as motivated staff, finances, production facilities and raw materials.

Low GNI

the total foreign and domestic output of the residents of a nation

Brain Drain

the emigration of highly trained or intelligent people from a particular country

Rapid Population Growth

unstable growth of population. The country cannot sustain the total population.

Developed

Infrastructure

The nation can invest and afford sturdy
bridges, clean roads, strong buildings, etc.

Banks

Has an effective bank that the people trust
in.

Production

Has a strong GDP that grows on an annual
basis.

Technology

The nation has a growing technological industry
which people are interested and invested in.

Stable Population

The nation's birth rate is almost equal to or less
than the death rate.

A developing nation can become developed
by creating more jobs which creates more income and reducing corruption.