Download Developed Countries

DEVELOPED COUNTRIES
• Developed Countries have the highest level of social and
economic development (Canada, USA, Japan, Germany,
England, Australia)
• Economies are based increasingly on the service sector
(health care, banking, transportation, IT)
• Strong manufacturing bases have become less important to
the country’s overall economy
• Primary industry (mining, farming, forestry, fishing) least
important economic sector
• High standard of living and long life expectancy
• Developed countries currently have approximately 20% of
the world’s population and consume most of it’s
resources
DEVELOPING COUNTRIES
• Developing Countries have the lowest level of social and
economic growth, most of the countries of Africa and Asia
are members of this group
• Have economies that are dominated by primary industries.
Much of the population are farmers (subsistence agriculture)
• Most new development is aimed around manufacturing (may
have raw materials and cheap labour)
• Poorly developed service sector (no one has money to pay
for non-essential (cable, barber, banking) or essential (health
care, education) services
• Low standard of living and short life expectancy
• Foreign Aid plays an important role in a government’s
ability to pay for essential services and maintaining
infrastructure (electricity, roads, sewers, garbage disposal)
NEWLY INDUSTRIALIZING COUNTRIES
• Newly Industrializing Countries (NIC) are in the process of
becoming developed
• Involves a complete shift from reliance on primary industry to
creating economic growth in the service and manufacturing
sectors
• Huge shift from primarily Rural to primarily Urban population
• Countries such as Taiwan and South Korea have just recently
passed through this stage
• Countries such as China, Mexico, Malaysia, India, Chile are
currently in this Category
• There is generally a huge difference from the lifestyles of the very
rich and very poor in these countries
• Although much of the country is beginning to have greater
wealth, the majority of the people are still quite poor compared
with the average in a developed country
COMPARING STATISTICS
• GDP per capita: is the total amount of goods and services
produced in a country in one year divided by the total population.
This gives an idea of the amount of money available for each
person.
• Rural/Urban mix: a measure of the percentage of the
population living in cities
• Birth Rate: a measure of the babies born each year
• Life Expectancy: How long the average person can expect to
live
• Number of Doctors per 1000: Generally the more doctors per
people in the country indicates a higher degree of development
• Number of TVs, Telephones or internet users per 1000:
Countries with higher number in these categories have greater
growth in the service sector and generally a higher standard of
living
HUMAN DEVELOPMENT
INDEX
• Human Development Index (UN): uses a
combination of life expectancy, literacy rate and GDP
per capita to indicate a relative degree of development
for a country
• HDI gives a rough indication of what are the best and
worst countries to live in.
• Canada is one of the highest ranked countries on the
UN’s HDI
• Out of the world’s approximately 173 countries; 53
are highly developed, 84 have a medium HDI
(adequate quality of life) and 36 have a low HDI
(poor quality of life)
GDP Per Capita
World Average
18,409 2010
1
Oceania
39,025 2010
2
North America32,446 2010
3
Europe 25,476 2010
4
South America9,006 2010
5
Asia 2,902 2010
6
Africa 1,603 2010
7
Antarctica
N/A 2010