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01 COUNTIRES AND LEVELS OF DEVELOPMENT - Coggle Diagram
01 COUNTIRES AND LEVELS OF DEVELOPMENT
1 DEVELOPED COUNTRIES
Made up of rich countries that control international institutions
Industrialised countries
Tertiary sector is the most powerful part of the economy
Successful economically, high levels of cultural and social development
Consumption per capita is very high
2 DEVELOPING OR UNDERDEVELOPED COUNTRIES
Consumption per capita is very low
Poor countries with very little industrialisation
Depend on developed contries
Unequal trade relations and high levels of foreign debt are two reasons why dpence still continues
LIST OF COUNTRIES BY INCOME EQUALITY
Compiled by the United Nations
Based on the Glnl coefficelent
3 EMERGING ECONOMIES
High rates of economic growth
Levels of indrustrialisation that are even higher than those of developed countries
No consensual definition for emerging economies
A wide ramge of nations
Countries by HDI
Countries by level of development
Countries by income equality
