The United Nations has classified different countries around the world as either developed countries or developing countries. Some of the indicators used to define a state as either developed or developing include the World Bank Income Classification, Human Development Index, and fall in Extreme Poverty among others. It is important to highlight that USA and majority of European countries are developed while the majority of African countries are underdeveloped.
What is a Developed Country?
A developed country is a country where people living in that country have the opportunity to access clean water, nutritious food, and other utilities without much struggle. Advanced industrial activities, state of the art infrastructure, and relatively low-income levels characterize the majority of the developed countries. Besides, citizens in developed nations have higher purchasing power, and they have enough money to buy what they need.
Some of the developed countries around the world include
- The United States of America
- The United Kingdom and
- Germany among others
What is a Developing Country?
A developing country is a state, which is characterized by low levels of industrial activities and low Human Development Index as compared to other countries around the world. These countries are characterized by low infrastructure development and inadequate supply of utilities like clean water, amount of medical facilities and equipment, and low added value to agriculture products. Additionally, low incomes per capita, low levels of productivity, higher dependency on export incomes and a significant share of the population living in rural areas are typical characteristics of a poor state.
Some of the developing countries include
- Sierra Leon, and
- Angola among others
Similarities Between Developed and Developing Countries
- Developed and Developing Countries in terms of “Housing Challenges”
One of the most profound similarities between developed and developing countries is the issue of housing. In developed countries, acquiring a house has become challenging due to the high mortgage prices and the interest rates charged by the real estate agencies. On the other hand, developing countries are facing extreme housing challenges brought about by an increased number of people moving from rural areas to urban areas. The increased rural-urban migration has caused acute shortage of houses in urban areas hence forcing people to live in informal settlement areas, which leads to the formation of slums. An example of unstructured settlement is SOWETO, in South Africa, which is the largest slum in Africa.
- Developed and Developing Countries in terms of “ Insecurity”
Protection of people and their property has become an issue of concern in different countries around the world irrespective of its development status. The issue of terrorism has become a global concern with multiple attacks happening in developed European countries, the United States of America, and some African countries like Kenya, Somalia, and Nigeria. This has forced the countries around the world to form joint security agencies that are geared towards countering terrorism and other forms of extremism. However, it is important to understand that both developed and developed countries continue to deal with other local crimes, which include robbery, petty crimes, and theft of individual properties among others.
- Developed and Developing Countries in terms of “Pollution”
Disposal of both solid and liquid waste has become a global issue, which is affecting all the countries around the world. While developed countries are experiencing extreme air pollution levels brought about by advanced industrialization and increased traffic, developing countries are experiencing severe challenges in controlling solid waste, water pollution from untreated sewerage, and air pollution from automobiles and some upcoming industries. Moreover, the issue of global warming which has been brought about by increased pollution is an international affair that requires the input of all countries to reverse its effects.
- Developed and Developing Countries in terms of “Unemployment”
Low supply of jobs has become an international issue in both developed and developing countries. Developing countries do not have an extensive industrialization hence low supply of employment opportunities of both human capital and other natural resources. On the other hand, there is a tendency where companies in developed countries are manufacturing their products from different countries and then importing them back for sale. The companies have adopted this strategy due to the increased cost of labor and factors of production in the developed countries hence denying people in the developed countries some employment opportunities.
Summary of Developed and Developing Countries
- It appears that both developing and developed countries have something in common, which are challenges that require efforts for all the nations to eradicate hence making the world a better place to live.
- It is also worth to note that both developed and developing countries depend on one another where developed nations import some products from developing countries while underdeveloped states import machinery and expertise from developed states.
Author: Jecinta Morgan
Jecinta is an experienced writer who has been writing for more than three years and she has a degree in Finance and Accounting.