Developed country

A developed country (also known as an industrialised country or more economically developed country (MEDC)) is a country that has more businesses and infrastructure (roads, airports, electricity, etc) than a developing country. The numbers most used for measuring economic growth is gross domestic product (GDP) and per capita income (average money per person). Others include the amount of industry, how much infrastructure there is, literacy, life expectancy and the basic standard of living. There is no exact way of saying what country is developed or developing. People often discuss the question of whose countries are the most developed ones,[1]

Developed countries have post-industrial economies, which means that the service sector becomes more important, and the industrial sector is less important. Service sector jobs are those where a person does something for another, like selling or fixing a product. Industry sector jobs are actually making a product, usually in a factory. In a developed country, industry jobs may be moved (outsourced) to less developed countries that pay workers less money. Developing countries may be in the process of industrialization (building the factories and infrastructure) and underdeveloped countries usually depend on agriculture, often subsistence farming.

The first industrialised country was the UK, followed by Belgium. Later industrialised countries were Germany, the US, France and other Western European countries. According to Jeffrey Sachs, the current split between the developed and developing world is mostly an event of the 20th century.[2]

Influence

According to the International Monetary Fund, developed countries supplied over half of the global GDP in 2010.[3] In 2012, the major advanced economies were the US, Japan, Germany, France, the UK, Italy, and Canada. These are also called the G7.[4]

The G7 has 10% of the world's population, but produces nearly 40% of the world's GDP.[5] They also control many of the economic decisions that affect the world.[6] The United Nations Security Council has five permanent members, four of those are in the G8 (G7 plus Russia).

Other Languages
Afrikaans: Ontwikkelde land
العربية: دولة متقدمة
বাংলা: উন্নত দেশ
Bân-lâm-gú: Sian-chìn-kok
беларуская: Развітыя краіны
беларуская (тарашкевіца)‎: Разьвітыя краіны
български: Развити страни
čeština: Vyspělá země
Esperanto: Industrilando
føroyskt: Ídnaðarland
français: Pays développé
한국어: 선진국
हिन्दी: विकसित देश
Bahasa Indonesia: Negara maju
íslenska: Þróað land
Bahasa Melayu: Negara maju
Nederlands: Ontwikkeld land
日本語: 先進国
norsk nynorsk: Industriland
português: País desenvolvido
slovenčina: Vyspelá krajina
српски / srpski: Развијена земља
srpskohrvatski / српскохрватски: Razvijene zemlje
svenska: Industriland
татарча/tatarça: Югары үсештәге ил
українська: Розвинені країни
Tiếng Việt: Nước công nghiệp