Employment rate will be a determinant on how progressive a country is however it's just one of those since GDP will be a big factor in every economic performance of a country and therefore we can differentiate those developed and developing country.
But still no matter how high the employment rate but the unemployment rate is much more higher it can subsequently affect the performance, otherwise per capita income, poverty rate is also a must look in every developing country. Perhaps we can say that developed country is at stable stage and we should be looking carefully at those that's still underdevelop.
Topic: Differences between the developed countries and developing countires - page 10. (Read 1251 times)
September 20, 2018, 02:03:48 AM
September 20, 2018, 12:02:25 AM
Lets get discuss about the differences between the developed nation and the developing nation.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
First of all employment is the thing which makes the countries stand out from each other in well developed nation there will be enough employment option will be made by their government according to the population on their country which can increase the better standard of living in that countries but the developing nations are struggling to find the job opportunities for their people.
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