Terms Beginning With 'd'

Developing Countries

  • January 15, 2020
  • Team Kalkine

A developing country is a country that undertakes less industrial and economic activity, with residents having relatively lower income levels. In other words, a country that still lacks infrastructure investments and has not reached a saturation is termed as a developing country.

In comparison to industrialized countries, there are fewer public services in developing nations. Majority of the member countries of the World Trade Organization (WTO) are developing countries.

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