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Definition
 
enEnglish
Developing Countries definition: Countries in the process of change directed toward economic growth, that is, an increase in production, per capita consumption, and income. The process of economic growth involves better utilization of natural and human resources, which results in a change in the social, political, and economic structures.
Developed Countries definition: Countries that have reached a level of economic achievement through an increase of production, per capita income and consumption, and utilization of natural and human resources.