Developing vs Devloped Countries

People make more money overall because they have better education, jobs, and higher paying jobs

Not as many people are without jobs
that are looking for a job

Have better technology to get the same job done
Better equipment

People make more money so they are able to save more
money and make bigger purchases

People seek out education such as universities and have reasonable access to them

Because the foundation of a country is poor, such as government and economic stability, it is increasingly harder to be successful in developing countries.

People live in poorer homes and communities. They conform to poor standards of living.

The margin between the poor and the wealthy is large, making it an oligarchy and the rich stay rich while the poor get poorer

The poorer countries are normally very traditional and avoid new, more efficient, methods of technology and prefer to use what they are accustomed to.

Because people live in more rural areas, they tend to have more agricultural jobs and tend not to adopt the technology required to advance economically.

How to get out of the rut

Get a loan from the World Trade Organization, develop technology and better communities and create policies that decrease the margin between the higher and lower classes