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Developed Countries

A developed country is defined as that which has high GDP, more job security, high cost of living, more safety, more immigrant population.

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01 Jul 2023

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Developed Countries

By avideep nandi Majumdar

Developed countries are those countries who have high GDP, income is equally distributed between rich and poor. Their is minimum poverty, and standard of living is high. Cost of living is very high. Education facilities are superio, superior techniques of production are used, life expectancy is more.The economic system is stable. Their is a diverse industrial mix, including service sector. Most of the developed countries are found in Europe, and some in Asia like Japan, South Korea, Saudi Arabia, Qatar, Bahrain, UAE. Many students from third world countries go and study in these countries and as a result, these countries gather a lot of migrant population.