Developing Country

A developing country, also known as a less-developed country (LDC), is a nation with a low living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries.

Countries with more advanced economies than other developing nations, but which have not yet fully demonstrated the signs of a developed country, are categorized under the term newly industrialized countries.

Read more about Developing Country:  Definition, Measure and Concept of Development, Criticism of The Term 'developing Country', List of Developing Economies, List of Graduated Developing Economies, Typology and Names of Countries

Famous quotes containing the words developing and/or country:

    By contrast with history, evolution is an unconscious process. Another, and perhaps a better way of putting it would be to say that evolution is a natural process, history a human one.... Insofar as we treat man as a part of nature—for instance in a biological survey of evolution—we are precisely not treating him as a historical being. As a historically developing being, he is set over against nature, both as a knower and as a doer.
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