APES: Developed vs. Developing Countries
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Developed Country
economy has high growth & security when looking at the gross domestic product per capita income and general standard of living
Developing Country
exhibits lowest indicators of socioeconomic development with low incomes, human resource weaknesses, and economic vulnerabilities that include weak natural resources or population displacement
Examples of Developing Countries
China, India, Argentina, Ghana, Dominican Republic, Iraq
Examples of Developed Countries
U.S., Germany, Spain, Japan, Australia, Canada
