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.
