Devoloped vs Devolping Countries
Developing Nations
Low Income
There is no set minimum wage for the for the working population. There are also not as many job opportunities.
Mediocre Education
There is a sense for the need of education, but it is not the best they could offer. The materials are outdated and not fit.
Lack of Population Growth
There is not a growing population, which leads to a lack of people in the workforce.
Bad Healthcare
People in the country can not afford the healthcare. They struggle to pay their medical bills and don't receive the best service.
Agriculture
There is a lack of land to grow food for the population. Most of the jobs are in the agricultural industry.
Developed Nations
Advanced Technology
Developed Nations are always improving their
technology and have easy access to it.
Stable Water Supply
There's always a source of clean water, not only for
drinking but also for bathing.
Food Supply
There is a constant source of food for the population.
Not a struggle to feed the people.
Infrastructure
The buildings and roads are built up to code. Could withstand several natural disasters and will last a long time.
Banking Industry
Have a strong banking system. The banking system can monitor the money that is coming in and out of the economy.