Distinguish between developed countries and developing countries and describe their key characteristics.

Developed country:-a country that have a good industrialization rate decent income individually

Developing countries:-a country that has steady rate of industrialization low income criteria as well. It is still in progress towards development.

Explanation:

The key difference between the given terms are as follows:-

Developed country has high rate of employment as compared to developing country. The rate of poverty is also in the developed country as compared to the developing country There is decent growth rate in the developed country but the developing country is dependent on the developed country for the growth.