Is America A Developed Country

1738 Words4 Pages

Countries are usually divided into two designated categories. We have developed countries and then least developed countries. To better explain off what a better country is, a developed country is a country that has improved and a developed or more modern economy. The way to measure or evaluate whether or not a country is developed you evaluate their gross domestic product and gross national product, the capita income and the amount infrastructure and the standard of the people in the certain community. The decisions or standards that are being used for these countries to be determined whether or not they are developed get classified between debates. Usually all developed countries contain a post industrial economy. A post industrial economy …show more content…

On the other hand, businesses will only produce things that will be sure to give them a profit, big or small. The producers that are most efficient will most likely receive much more profit then the less efficient one. (Negative/ Disadvantage) A market economy rewards those who are good at being competitive and want to win, those who can accept a challenge. Therefore, the society reflects the values of those people and organizations which makeup the market economy. This explains for example why a market economy may produce private lets say private jets for some while others starve and are homeless. The market economy takes advantage of the wealth. According to statistics, The U.S. is most commonly thought of the world's premier market economy. One of the main reasons why the United States of America is successful is because of the U.S constitution which protects the markets 6 main characteristics. One of the top goals that the constitution ended up adding was to “promote general welfare”. This goal gave thought towards the government so the government could play a bigger role in society. Because of this goal the United States of America now has social safety programs, for example social security, medicare and food …show more content…

Africa is the lead home to all the nations ranking in the most least developed countries list. Africa has terrible economic conditions and there is a lack of basic needs and services in many of its countries. The countries in Africa for example, Mozambique, Guinea, Burundi ect. Are all in an economic downfall and have a horrible infrastructure. These countries are not equipped and cant handle to deal with any natural disasters. The most up to date job is farming. There is a serious lack in the education and health service system. The health system suffers from a severe lack of funding. Mozambique for example, has gone through some very hard times in the past and suffered has greatly from corruption, and still does, leaving it highly impoverished. For Guinea, besides the fact of owning a significant amount of mineral wealth, Guinea hasn’t been able to work with the wealth and transfer it in order for it to advance in other sectors. The government spends huge amount of money on military expenses but is not able to do the same for other sectors, for example the budget for social projects is almost non existent because all the money is used towards the military. has not managed to translate this wealth or bounty as we can say into significant advances in other sectors .Burundi has a very unstable political system and has a high percentage of violence which only seems to

More about Is America A Developed Country

Open Document