Definitions for developed country
de·vel·ope·d coun·t·ry

WikipediaRate this definition:0.0 / 0 votes

1. Developed country

   A developed country, industrialized country, more developed country, or more economically developed country (MEDC), is a sovereign state that has a 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. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Developed countries have generally post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialisation or are pre-industrial and almost entirely agrarian, some of which might fall into the category of Least Developed Countries. As of 2015, advanced economies comprise 60.8% of global GDP based on nominal values and 42.9% of global GDP based on purchasing-power parity (PPP) according to the International Monetary Fund. In 2017, the ten largest advanced economies by GDP in both nominal and PPP terms were Australia, Canada, France, Germany, Italy, Japan, South Korea, Spain, the United Kingdom, and the United States.

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1. Developed country

   A developed country, industrialized country, or "more economically developed country", 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, 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. Developed countries have post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialization, or undeveloped countries, which are pre-industrial and almost entirely agrarian. According to the International Monetary Fund, advanced economies comprise 65.8% of global nominal GDP and 52.1% of global GDP in 2010. In 2013, the ten largest advanced economies by nominal GDP were the United States, Japan, Germany, France, the United Kingdom, Italy, Canada, Australia, Spain and South Korea.

How to pronounce developed country?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say developed country in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of developed country in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of developed country in Pythagorean Numerology is: 6

Examples of developed country in a Sentence

1. Janet Yellen:

   Putin's war in Ukraine is having impacts on energy and food prices globally, we are not the only country experiencing inflation. You can see that in virtually every developed country around the world.

2. Kang Chong-suk:

   We know we are a bit late, but we are aiming to become a developed country in terms of the pet industry, there were absolutely no regulations and many illegal activities were being carried out.

3. Colin Goddard:

   Seeing the breaking news of yet another campus shooting jolts me back to my own experience at Virginia Tech, america is the only developed country where, when someone asks if you heard about the campus shooting, you have to clarify which one.

4. Taishiro Iwaya:

   Seeing news about stopping selling porn magazines at convenience stores, I got to know that Japan is the only developed country allowing to sell such porn magazines at stores in public, now, I think it is natural to adjust to international standards before the Olympics in 2020.

5. Pete Buttigieg:

   This is a great example of how we have come to accept the unacceptable in this country, this is not an exotic thing that you got to run the labor of models to score the potential implications. This is something that people in pretty much every developed country have, except us.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Developed_Country
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=developed country