what does developed country    mean?
473925
A developed country is a country hated by everybody else.\n\nA developed country is a country that is paranoid and this is enough reason for it to wage wars against other countries.\n\nA developed country can impose nuclear power/weaponry regulations on other countries while excluding itself from the same regulations.\n\nA developed country is a major contributor of pollution and global warming.\n\nA developed country eats most of the world's resources.\n\nA developed country houses tyranny under the guise of democracy.\n\nA developed country holds the UN by the b@lls.\n\nA developed country is the only country that has the audacity to talk about peace and global well-being when it continues to test nuclear weapons in the backyards of its neighboring countries.\n\nThe word of a developed country is cr@p.
188866
less developed country or lower developed country\n\nA country designated by the UN as LDC based on criteria of low per capita GDP, weak human resources (life expectancy, calorie intake, etc.), and a low level of economic diversification (share of manufacturing and other measures). As of 2002 there are 49 LDCs.
531002
A sum of average wages in every country multiplied by number of employed in every of them... If to count only legally working persons.\n\nADDITION taking into account other answers: currency matter little - almost all products move all over the world now. Another thing that some people evaluate the same services more or less. Mostly because of lower investment into their self-esteem and education... That makes one countries even more poor than they could be.
521410
no its a developing country. third world would be like Nigeria or Chad.
235399
GDP stands for Gross Domestic Product, which is the total value of all the goods and services of a country.  GDP per capita is simply the GDP of a country divided by its population.  Generally, the higher the GDP, the "richer" the country.  However, a country with a large population may simply be able to produce more than a smaller country and large outliers can skew the per capita measures, meaning you need more information to really understand what these numbers mean.
243888
I will assume you mean National Underdevelopment.\n\nUnderdevelopment is caused by a lack of investment (either public or private) into vital institutions such as infrastructure, education, public health, security, communications and defense.\n\nIf a nation is not able to provide services such as these to its population, then the nation cannot take part in commerce which means the people cannot begin to live beyond subsistence which means they cannot build a growing and stable society.
395664
Why not every other developed country is corrupt?
980161
Most developing countries have problems in areas where population  is higher as compared to income generating sources. Adding to these woes is lack of educational infrastructure to bring the masses into mainstream of business value streams.\n\nTherefore, the focus of government policies should be to direct FDI into areas which achieve two parts (a) generate maximum number of income avenues (b) have education/learning support.\n\nNow some of the best avenues in my view, for this two pronged avenue is to direct FDI into are those which rely on "first wave" of agriculture but also are a stepping stone to services e.g. agro/food processing and distribution businesses. \n\nSuch agrarian distribution businesses capitalize on the traditional know-how of masses whose main business in most cases is agriculture. It also introduces/educates the masses in a gradual way to standardization of methods, logistics, technological know-how for food processing/preservation and last but not the least, distribution in retail chains. Hence, the impact of investments is soft and yet wide spread (soft because people do not have to make a quantum shift in learning new technologies overnight).\n\nInvestments in high tech sectors in developing countries, definitely is a cost saver for the business houses but, it is, in short and medium term, never an employment generator and hence, does not benefit the developing countries.
355605
The present day India is far advanced than "a developed nation" in terms of 1970s or 1980s. Let me be clear in that..... what I meant to say is.... if you look back in 1970s or 1980s, the countries we termed as developed had lesser development compared to present day India. So in a way, we can say India is already developed. The problem comes when we try to compare it with present day USA or UK or JAPAN and like-wise. \n\nI think, being a developed nation doesnt necessarily have to be full of skyscrapers. It could be reflected in other aspects too. India's economy is growing in a spectacular pace, software industry is booming, foreign investment is booming, companies world wide are not thinking twice to jump into indian market, cell phone industry is so successful that you have better mobile pieces and global rates in India than in other countries. Everybody carries a cell phone in India. I mean..Everybody! Communication barriers has been lift. Social changes and awareness are occuring in a steady pace. With so many things happening, India is developed is already developed. \nWell...if you want to hear "developed nation" on papers...I think its not too far. Japan came into developed nations list only in 1960s. India can make it too and will make it for sure in near future.
396005
Developing nations are creating their own problems. The US gives them more aid than most of them do for themselves.
617202
A very nice country with an interesting culture and people, suffering badly due to the terrible dictatorship of Musharraf.\nA nation suffering under a dictator supported by the stablishment, by first world politicians and multinational corporations, all for the sake of private profit.
334797
3rd world countries are countries whose economic standing is in the lower 12%. Any country who relies on foreign aid and excusable debt to sustain itself is third world. suprisingly, most countries are.\n\n2nd world is countries who rank in the middle 40%, these are mostly agricultural countries with light to heavy industrial exports. Tourism also falls into this category.\n\n1st world are the Top 10 world superpowers at anyone time. the top 5 are,\n\nUnited States\nUnited Kingdom\nJapan\nFrance\nCanada (odd isnt it.)\n\nthe current world superpower in all matters of foreign affairs is the united states, making us the most powerful country in the world. \n\nthe highest per capita income, relative to its size for any country, is Vatican City in rome. It is a sovereign nation and has its own economy. it is the most economically stable country on earth.
1139866
A third world country these days usually refers to a developing country. IOW third world means a poor country with a low standard of living, limited healthcare, limited education and so forth.\n\nThere used to be second world countries, but not any more.\n\nAfter the second world war the world was described as being divided in two. The first world consisted of the westernised capitalist nations headed by the US and England but including Japan, Australia, Canada and so forth. The second world was the communist bloc headed by the USSR and China but including Poland, Cuba, Vietnam, Poland and so forth.\n\nThe term "Third World" was coined to describe all those nations that were not strongly aligned with either camp. Initially this referred to nations such as India and Egypt or Chile that were quite happy to do business with Russia or America based entirely on who gave them the most aid. Eventually the term expanded to refer to all the poor nations.\n\nSo basically "First World" = westernised capitalist nations, "Second World" = communist nations, "Third World" = poor nations not aligned with either first or second world powers.\n\nThese days there aren't really any second world nations. China is the only communist power left, and it is becoming so capitalistic so fast that it hardly deserves the title communist. The remaining handful of communist nations such as Cuba and North Korea are so weak that they don't warrant the term 'second world'. Today we really only refer to first and third world, with Cuba for example considered to be squarely third world.\n\n\nMore commonly we simply refer to developed and developing world.
134811
In a nutshell: It was a period of dramatic transition when our country went from an agrarian economy to on industrialized one. What that means is, instead of most people working on farms growing and making most of what they needed, urban life became more the norm; with people working in factories and the like and purchasing most of what they needed.
214319
I would say no. Countries that are more developed like ours are going to suffer, intially. While poorer, more underdeveloped countries will reap more benefits, at least in the earlier stages.
757797
One is a country and the other is an economy?
125667
you are right. They want to define globalization according to their comfort. If they go to developing countries, it is globalization and open market. But if someone from the developing countries is coming to buy their companies, they will forget the alphabets of "free trade" and start protecting.