Developed vs. Developing Countries

According to the United Nations, what is a characteristic of developed countries?

• Low standards of living

• High poverty rates

• Slow economic growth

• Low unemployment rates

Which of the following is NOT a characteristic of moderately developed countries?

• Increasing standard of living

• High unemployment rates that are lowering

• Strong economic growth

• Consume 88% of the natural resources on Earth

What is a common characteristic of developing countries?

• Efficient use of factors of production

• Equitable income distribution

• Extremely high unemployment rates

• High standard of living

What is the per capita income range for citizens of moderately developed countries?

• Less than $1,000

• $1,000-$12,000

• $500-$1,000

• Over $12,000

Which country is classified as a developed country?

• India

• Mexico

• United States

• Jordan

Which of the following is a characteristic of developed countries?

• Strong economic growth

• Low standard of living

• High unemployment rates

• Most citizens are below the poverty line

Which country is classified as a moderately developed country?

• Canada

• Afghanistan

• Kiribati

• China

What is the per capita income for citizens of developing countries?

• $500-$1,000

• Less than $1,000

• Over $12,000

• $1,000-$12,000

Which of the following is a criticism of the United Nations' classification system?

• It does not include enough countries

• It is too complex

• It is classist or ethnocentric

• It is too simple

Which country is classified as a developing country?

• United Kingdom

• New Zealand

• Republic of the Philippines

• Australia