Basis for Comparison Developed Countries Developing Countries

A country having an Developing country is a

Meaning effective rate of country which has a slow
industrialization and rate of industrialization and
individual income as low per capita income.
known as developed
country.

Unemployment and Low High

Poverty

Infant mortality rate, Death High infant mortality rate,

Rates rate and birth rate is low death rate and birth rate,
while the life expectancy along with low life
rate is high. expectancy rate.

Living Conditions Good Moderate

Generates more revenue Industrial Sector Service Sector

form

Growth High Industrial Growth They rely on a developed

countries for their growth.

Standard of Living High Low

Distribution Of Income Equal Unequal

Factors of Production Effectively Utilized Ineffectively utilized