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Developed Country Definition for Kids

[Summary]Developed country World map indicating the categories of Human Development Index by country (based on 2015 data, published on 24 March 2017). A developed country, industrialized country, or "more economically developed country" (MEDC), is a sove

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Developed country

World map indicating the categories of Human Development Index by country (based on 2015 data, published on 24 March 2017).

A developed country, industrialized country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.[1] Which criteria are to be used and which countries can be classified as being developed are subjects of debate.

the definition of developing country

Developed Country Definition for Kids

Developed country Facts for Kids | KidzSearch.com

A developed country (also known as an industrialised country or more economically developed country (MEDC)) is a country that is more developed in economy and infrastructure than less economically developed countries (LEDCs). Usually, the criteria for measuring economic growth is gross domestic product (GDP), but other criteria are used, such as per capita income, the level of industrialisation, how much infrastructure there is and the basic standard of living. The criteria used is talked about a lot amongst world leaders and they way it is used is very controversial,[1]

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Developed Economy

What is a 'Developed Economy'

A developed economy refers to a country with a relatively high level of economic growth and security. Common criteria for evaluating a country's degree of development are per capita income or gross domestic product (GDP), level of industrialization, general standard of living, and the amount of widespread infrastructure. Noneconomic factors, such as the Human Development Index (HDI), which quantifies a country's levels of education, literacy and health into a single figure, can also be included in evaluating an economy or country's degree of development.

Child poverty

A boy bathes in a polluted river in Jakarta, Indonesia.

The sad reality in James Town, Accra.

Child poverty refers to the phenomenon of children living in poverty. This applies to children that come from poor families or orphans being raised with limited, or in some cases absent, state resources. Children that fail to meet the minimum acceptable standard of living for the nation where that child lives are said to be poor. In developing countries, these standards are lower and when combined with the increased number of orphans the effects are more extreme.

What are developed countries? definition and meaning

Definition of developed countries: A group of industrialized nations including Australia, Austria, Canada, France, Germany, Italy, Japan, the UK, and the United States. In some contexts such countries are collectively called the North.

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Lesser-Developed Country (LDC)

What is a 'Lesser-Developed Country - LDC'

A lesser-developed country (LDC) is a country that is considered lacking in terms of its economy, infrastructure and industrial base. The population of a lesser-developed country often has a relatively low standard of living, due to low incomes and abundant poverty.

What is the definition of an underdeveloped country? | Reference.com

Full Answer

Many things prevent underdeveloped nations from developing. Most of these countries are extremely poor and do not have the resources to develop programs to educate and train citizens to farm or perform skilled work. Malnutrition also lowers life expectancy and renders many incapable of working. Basic needs such as food, clothing and shelter are scarce. Sometimes, natural disaster impedes underdeveloped countries even further. Haiti is one such example. In 2010, the country was devastated by a massive earthquake. Because the country is so poor, years later, much of the buildings that were destroyed have still not been rebuilt. A recent study released by the National Bureau of Economic Research suggests that there is correlation between tropical nations and underdevelopment by pointing out that of all of the nations in geographic areas that are considered tropical, only two are not either classified as underdeveloped or developing. The study suggests that it is too difficult and expensive to adapt energy resources and to implement the technology used in temperate climates to tropical climates.

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act of improving by expanding or enlarging or refining; "he congratulated them on their development of a plan to meet the emergency"; "they funded research and development"

the act of making some area of land or water more profitable or productive or useful; "the development of Alaskan resources"; "the exploitation of copper deposits"

Developed | Define Developed at Dictionary.com

1650s, "unroll, unfold," from French développer, replacing English disvelop (1590s, from Middle French desveloper), both from Old French desveloper "unwrap, unfurl, unveil; reveal the meaning of, explain," from des- "undo" + veloper "wrap up," of uncertain origin, possibly Celtic or Germanic. Modern figurative use is 18c. The photographic sense is from 1845; the real estate sense is from 1890.

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