Report post

What is a developing country?

A developing country is a sovereign state with a less developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category.

What is a developing nation?

The concept of the developing nation is found, under one term or another, in numerous theoretical systems having diverse orientations – for example, theories of decolonization, liberation theology, Marxism, anti-imperialism, modernization, social change and political economy .

Why do we call countries 'developing'?

Such organizations now usually only call countries “developing” when the government of the country itself has exercised its sovereignty to declare itself so, which several countries have done for various reasons.

The World's Leading Crypto Trading Platform

Get my welcome gifts