Similar Terms
Terms similar to "developed country" include "advanced country", "industrialized country", "'more developed country" (MDC), "more economically developed country" (MEDC), "Global North country", "first world country", and "post-industrial country". The term industrialized country may be somewhat ambiguous, as industrialization is an ongoing process that is hard to define. The term MEDC is one used by modern geographers to specifically describe the status of the countries referred to: more economically developed. The first industrialized country was the United Kingdom, followed by Belgium. Later it spread further to Germany, United States, France and other Western European countries. According to some economists such as Jeffrey Sachs, however, the current divide between the developed and developing world is largely a phenomenon of the 20th century.
Read more about this topic: Developed Country
Famous quotes containing the words similar and/or terms:
“The question that’s probably uppermost in the child’s mind is: Why do my parents want to have a baby? Don’t they love me? And if they love me, why do they need another one? Aren’t I enough? Imagine for a minute yourself in a similar situation. Your husband comes home and says: “Honey I love you so much, I’ve decided to go get another wife so I can have two.” How would you feel?”
—Lawrence Balter (20th century)
“Again we have here two distinctions that are no distinctions, but made to seem so by terms invented by I know not whom to cover ignorance, and blind the understanding of the reader: for it cannot be conceived that there is any liberty greater, than for a man to do what he will.”
—Thomas Hobbes (1579–1688)