Developed Country Essay

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CHARACTERISTICS OF A DEVELOPED COUNTRY A developed country has a highly developed economy and advanced technological infrastructure relative to other less developed nations. According to Kofi Annan, former Secretary General of the United Nations, "A developed country is one that allows all its citizens to enjoy a free and healthy life in a safe environment. The designations "developed" and "developing" are intended for statistical convenience and do not necessarily express a judgment about the stage reached by a particular country or area in the development process.” In common parlance, a country is deemed to be developing or developed mainly on the basis of economics, per capita income, industrialization, literacy rate, living standards etc. According to Wikipedia, “A developed country or "more developed country" (MDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less developed nations. Most commonly the criteria for evaluating the degree of economic development is gross domestic product (GDP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate” Generalized characteristics of developed countries: * High level of industrial development Another economic criterion is industrialization; countries in which the tertiary and quaternary sectors of industry dominate would thus be described as developed * Low levels of unemployment * Higher education rates * Technological advantages * Better roads * Stable governments * Good health care * Human and natural resources are fully utilized * High level of

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