Developed and Developing

developing

low per capital GNI C

Subtopic

Limited Resources

resources

Rapid Population Growth

population

Traditional Agricultural Economics

Manufacture

high uneducated and cheap workforce

education

developed

High levl of industrial/technical expertise

industrialization

nations are classified as highly developed

the nations

20% of the worlds population

population

manufacturing is less important

manufacture

economics is based on the service sector

Economics