The comparison between developed and developing nations reveals stark contrasts in various aspects of societal and economic structures. Developed countries are characterized by industrialization, low poverty rates, and advanced education systems, which contribute to a higher quality of life.
Ways for developing county to catch up include, IMF provides short term loans and bailed out countries like Mexico and Argentina. The WTO consists of 140 well developed countires.
political instability
leaders who run the country poorly
Inadequate education
causes more people to become less educated leading to less people having jobs
poor health
not having easy and good access to medicine will cause more health problems
Inequality
Leads to fights and society not getting aloing
Low income
low income leads to more poverty and less working people
developed nation
High quality of education
better education system with higher standards
Advanced military
spend more on military weapons
Low poverty
lower number of homeless people than developing nations, more people with jobs
Infrastructure
easily accessible transportation using cars, buses or bridges