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Kixu:What exactly is the difference between the development of different countries??
What makes a country poor and a country rich..Is it due to mankind existing there or something else.. or
Developed country : Good economy, Good infrastructure, Good employment, Better standard of living, Army to list a few.
Developing country : The above qualities only to a smaller extent.
Even in developing countries there are cases where one moves at a rapid pace to get Developed country recognition ( China ) and the other which moves at a snail pace to get the same ( India ).
Guest:what makes a country poor and a country poor?
2) Poor Planning.
3) Inefficient government.
Often the label of underdeveloped country is applied to countries which are poor, defining poor country as country which doesn't have enough economical resources to sustain itselves. But, is it right to say a country is underdeveloped only because this reason? I think not, because a country may be very rich but it could have a really corrupt government which spends irrationally the money of the taxpayers, or a political class accustomed to steal fortunes to the state.
Maybe being 'developed' or 'underdeveloped' just depends on having or not a balance between government corruption and economical income.
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