developingcountry
A developing country is a nation that generally exhibits lower levels of industrialization, income, and living standards compared with developed countries. The term is widely used in development studies and policy discussions but is not a formal, universally defined classification. International organizations frequently categorize countries by income levels (low-, lower-middle-, and upper-middle-income) rather than by a single “developing” label, and many economies move between categories over time.
Key indicators used to describe developing countries include gross national income per capita, GDP composition, the
Development policies in developing countries focus on macroeconomic stability, diversification of the economy, investment in human
Critics argue that the term can obscure diversity and progress within countries and imply a linear progression