22/10/2020 · Rather than just having the means – income, industrial technology etc. – to take care of the public good, developed countries are those that also have the will to do so, rather than merely serve the interests of individuals (usually the wealthiest). Developed countries are often also assumed to be democratic.

A developed country—also called an industrialized country—has a mature and sophisticated economy, usually measured by gross domestic product (GDP) and/or average income per resident. Developed countries have advanced technological infrastructure and have diverse industrial and service sectors.

07/08/2017 · Developed countries are high-income countries that have more advanced technological and industrial activities and infrastructure. Learn about the definition of a developed country, and explore ...

10/08/2021 · What is a Developed Country? | Definition, Examples and Characteristics. Developed countries are those countries who have high per capita income, longer life expectancy rate, a higher standard of living and other facts which points towards a person’s higher quality of life.

Definition of Developed Countries: The status of development of a country is mostly judged by income per capita. A country with high gross domestic product per capita can be described as developed. Another economic criterion is industrialization; a country in which the growth and share of tertiary sectors dominate can also be described as developed.

02/05/2018 · John Spacey, May 02, 2018. A developed country is a nation that offers economic security and a high quality of life to its population. The following are the basic characteristics of a developed country.

Answer (1 of 24): A Developed country also called Industrialized country — has a mature and sophisticated economy , usually measures by Gross domestic product(GDP) and / or Average income per resident. Developed countries have advanced technological infrastructure and have diverse industrial and...

Development refers to developing countries working their up way up the ladder of economic performance, living standards, sustainability and equality that differentiates them from so-called developed countries. The point at which developing countries become “developed” comes down to a judgment call or statistical line in the sand that is often based ...