The developed countries are the countries which are using the advanced technology, in which this countries are economically stable and with a good standing worldwide , while the developing countries are those who are yet to adopt the modern dau technology , this developing countries are mostly the third world countries.
Actually the basic differences between a developed and developing countries could be mined in details upon looking at some of the determinants that are chosen by the WDI for its analyses. The first being the GDP per capital which is very important and shows the income of every individual in the population. Then it’s the living standard which makes you developed in long run if it is good. Education and health is important and these determinants are always positive for a developed country and the opposite could be said for a developing one.
