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COUNTRIES AND LEVELS OF DEVELOPMENT - Coggle Diagram
COUNTRIES AND LEVELS OF DEVELOPMENT
DEVELOPED COUNTRIES
made up of rich countries that control international institutions
industrialised countries
tertiary sector is the most powerful part of the economy
democratic political systems and high levels of cultural and social development
are described as ‘consumer societies’
DEVELOPING COUNTRIES
poor countries with very little industrialisation
Unequal trade relations and high levels of foreign debt
consumption per capita is very low
underdeveloped nations have been unable to pay back
EMERGING ECONOMIES
high rates of economic growth
may have levels of industrialisation
no consensual definition for emerging economies
Countries by HDI
Countries by level of debelopment
Countries by income equality
