Developed vs. Developing Countries

1. Developed vs. Developing
Countries

2. Developed Country
•Also called
–Industrialized countries
–More economically developed countries

3. Reasons Why
•Form of government (democracy)
•Free market economy
•Lack of corruption
•More dependent on manufacturing than
agriculture
•Prevalent technology

4. Examples
•United States
•Japan
•Germany
•France

5. Developing Country
•Country with low standard of living
•Also Called Third World Countries
•Undeveloped industry
•Lack modern technology
•Low levels
–Education
–Healthcare
–Life expectancy

6. Examples
•Mexico
•Brazil
•South Africa
•Thailand