developing economy

How India Is A Developing Economy?

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How India Is A Developing Economy? Statistics Gini coefficient 33.9 medium (2013) Human Development Index 0.645 medium (2019) (131st) 0.475 low IHDI (2019) Why is India considered a developing economy? Indian economy is termed as the developing economy of the world. Some features like low per capita income, higher population below poverty line, poor infrastructure,

What Are 3 Differences Between Developed And Developing Countries?

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What Are 3 Differences Between Developed And Developing Countries? Developed Countries have a high per capita income and GDP as compared to Developing Countries. In Developed Countries the literacy rate is high, but in Developing Countries illiteracy rate is high. … In developed countries, the birth rate and death rate are low, whereas in developing