Using complete sentences, explain the differences between developed and developing countries in the following areas: GDP per capita, the dominant sector (s) in the economy, and the standard of living for most of the people in the country.

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Social Studies

1 November, 09:33

Using complete sentences, explain the differences between developed and developing countries in the following areas: GDP per capita, the dominant sector (s) in the economy, and the standard of living for most of the people in the country.

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Porter Lucero · Answer 1

Developed Countries have a high per capita income and GDP as compared to Developing Countries.

Developed Countries generate revenue from the industrial sector. Developing Countries generate revenue from the service sector.

In developed countries, the standard of living of people is high, which is moderate in developing countries. Developed Countries have good infrastructure and a better environment in terms of health and safety, which are absent in Developing Countries.