Developed countries

Developed countries are generally countries that are seen as being more advanced in terms of technologies, while also having a higher human development index and a higher quality of life when compared to other countries. In addition to this, developing countries generally have more advanced economies, which means the per capita income level and diversity of exports is generally higher. As well, these countries cooperate more in global trade and the global economy.[1] This general term indicates the top group of countries in terms of advancement.

Figure 1. Map showing most and least developed countries.[2]

Generally speaking these countries have many amenities and resources that promotes a high quality of life. Generally, birth rates are lower, people have a longer life expectancy, quality of life is better overall, access to health care, education, electricity, and other amenities are significantly higher, and individual income is higher. In addition to this, living in a developed country frequently comes with a larger degree of personal security. As well, lifestyle in these countries tends to be different than most developed countries as agriculture is less predominant and urbanization is higher.[3] Urban population tends to be larger in these areas than rural population.

A few of the countries that can be seen as developing are: Australia, Belgium, Canada, Denmark, France, Ireland, Israel, Japan, South Africa, Sweden, Turkey, the UK, and the US.[4]

References

  1. Investopedia. (May 14, 2015). Developed Economies [Online]. Available: http://www.investopedia.com/terms/d/developed-economy.asp
  2. Wikimedia Commons. (May 14, 2015). Developed and Developing Countries [Online]. Available: http://commons.wikimedia.org/wiki/File:Developed_and_developing_countries.PNG#/media/File:Developed_and_developing_countries.PNG
  3. Alok Kumar. (May 14, 2015). Major Characteristics of Developing Countries [Online]. Available: http://web.uvic.ca/~kumara/econ420/characteristics-dev.pdf
  4. CIA World Factbook. (May 14, 2015). Developed Countries [Online]. Available: https://www.cia.gov/library/publications/the-world-factbook/appendix/appendix-b.html

Authors and Editors

Jordan Hanania, Kailyn Stenhouse, Jason Donev