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How are developed and developing countries similar?

SIMILARITIES BETWEEN DEVELOPED AND DEVELOPING COUNTRIES

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Advance Nations: An advanced nation refers to the sovereign state, whose economy has highly progressed and possesses great technological infrastructure, as compared to other nations. Advanced nations provide free, healthy and secured atmosphere to live.

Developing countries: Developing countries are countries with low industrialization and low human development index. The countries that are going through the initial levels of industrial development along with low per capita income are known as Developing Countries. These countries come under the category of third world countries. They are also known as lower developed countries.

SIMILARITIES BETWEEN ADVANCE NATIONS AND DEVELOPING COUNTRIES

1.         Both advance and developing nations have natural resources, though the utilization of the resources may be at variance.

2.         Both advance nations and developing countries have public services such as health and education: Both Public education and health services are present in advance and developing countries.

3.         Both advance nations and developing countries have their political systems.

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4.         Both advance and developing nations have educational system.

5.         They both engage in international trade. 

DIFFERENCES BETWEEN ADVANCE NATIONS AND DEVELOPING COUNTRIES

1.         A advance nation is one that has a high level of industrial development, bases its economy on technology and manufacturing instead of agriculture. The factors of production such as human and natural resources are fully utilized resulting in an increase in production and consumption which leads to a high level of per capita income. Whereas,

A developing nation is one that has a low level of industrialization. It has a higher level of birth and death rates than developed countries. Its infant mortality rate is also high due to poor nutrition, shortage of medical services, and little knowledge on health.

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2.         A advanced nation is a country that has a high level of industrialization and per capita income whereas, a developing nation is a nation that is still in the early stages of industrial development and has a low per capita income.

3.         The citizens of an advanced country enjoy a free, healthy, and affluent existence, whereas, citizens of developing nations do not.

4.         Advanced nations are also known as industrialized, advanced, and first-world countries while developing nations are also known as underdeveloped, least developed, and third-world countries.

5.         The infant mortality, birth, and death rates of developing nations are also higher compared to that of advanced nations.

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