Why are some countries more developed than others?

Countries have different endowments. Differing climates give advantages to the production of different crops. Differing histories and inclinations result in different advantages in finance, skills and manufacturing.

For each item China produces for the United States, it helps China’s economy. China would definately not produce goods if it didn’t benefit them in some way. China’s economy continues to prosper everyday because they continue to produce and sell goods to other countries. Prices in China are a lot cheaper in comparison to the United States. Factory workers do not make a lot of money, but they make good money for the work they do. The average China factory worker makes $500 a month, but keep in mind that the prices in China are lower than the United States. These are the reasons that China chooses to produce goods for the United

Global wealth is largely found in the south, yet the north is the richest and developed. In this respect, there must be another explanation of this equation. Slave trade, colonialism, and neocolonialism can best explain this. Moreover, bad governance and poor investment in education and research might explain why the north is more developed. The implications for our understanding of why some countries in the world today are rich and some are poor is important in determining how best we understand the history of the world, as well as the factors that contributed to this pattern (Diamond). The history of the world is important in establishing the factors that led to the differences in the distribution of wealth on the globe.

Each of the family across the countries for better and better education for their child. Most of the teenagers in each family have a great benefit for themselves by going to school. If they are educated in a big country, they can get jobs, and be fueling the economy for themselves. This is because in the developing countries, most of the times the institutes and colleges are usually not enough to cater for the big population in these countries. A good example in the U.S., most of the industries are found by many people in that country can move to the United States so that they can work in these areas to make money. They usually provide their services for lower wages for people, but this can be better as when compared to the life in the developing countries like the United States and Canada. This is because they are not fully developed and hence few places for the educated people to work

Also we are able to have our sphere of influence in China which I personally believe has helped their country develop better. Both of our economies benefit because we can buy their resources, which boosts their economy, and then we can sell those resources or transform them into goods, which boosts our economy. As you can see,

The United States today is known as an industrialized nation. This means that we have a high standard of living. However, there are many countries that do not have a high standard of living and they are called developing nations. Many things could keep them from becoming a developed nation such as no international trade, lack of factories, and a lack of tariffs.

While the concept of a developed North and developing South rings some truth since most of the northern countries on the map fall into higher rankings in terms of human development, the southern countries are not all developing. According to the map, Australia and some portions of South America and Asia are closer to developed than developing. Therefore, it would be inaccurate to describe the world as a developed North and developing South.

The two countries that we are going to compare are India and China. The greatest contrast among Indian China is the level of development in both nations. Advancement can be seeing more in India than in China and the struck me the most. There could be many variables causing this distinction. To begin with, let 's examine the differences in the government of meat country. Since the meaning of time, the Chinese government is continuing to do things their way heavily influencing what happens in the country. They have inumerous laws that directly or indirectly cause a standstill with innovation. The majority of the things our state possessed in China bus to begin something intends to first get every one of the clearances from the government, which is extremely troublesome. Conversely, Indian government advances development by

Both developing and developed nations were part of the set. The developed nations consisted of 47% of the total set. We started with 43 nations and dropped a few countries later from the analysis because of missing data.

1) With reference to theories of growth and development, explain the contrasting growth experience of China and Sub Saharan Africa post 1980.

Growth and perpetual change of this stature was not just an increase in demand and labor or even investments. Geography lends to some of the differences between countries however it does not explain why growth was more or less successful due to emerging and sustaining growth of the region. Innovation to the greatest

In spite of Third World countries’ similar pre-industrial history and early policies aimed at industrializing, Third World countries have not had the same growth as most European countries. Bates analyzes the process of development and concludes that this time period as an important variable in a countries’ development.

He pointed out that different economic levels have their own requirements and they may not follow the same process of industrialization. Moreover, he raised the most influential theory related to late industrialization that the economically backward states may have rapider growth rate as they are late comers, and the national development process relied on the degree of economic backwardness. That is to say the more backward a country, the faster it will advance (ibid).

Education export cannot only bring enormous economic benefits to a society, pull the national economic growth to a new point. It also can enhance the political and cultural influence in the international environment. As a result, education export, as an important diplomatic strategy, improves the political status, stimulates the intelligence imports and enhances the exchange and cooperation in scientific research. Nowadays, there is a general tendency that the developed countries (such as U.S., UK) are vigorously developing education service trade, exploring international market and improving education exports. Chinese education exports start late and grow slowly, which causes it to greatly lag behind the developed countries. China is the currently largest country with education adverse balance and educational imports in the international education market. To further study the current situation of Chinese education exports, this article will review the basic concept and development history of education exports, concretely analysis the current situation of Chinese education exports, conclude the challenges and opportunities based on current situation and give some practical suggestions to solve current education exports dilemma.

Asian economies that have progressed economically at such substantial rates that have come to rival the earning capacity and quality of living of those being first-world countries – Taiwan, Hong Kong, Singapore and South Korea.