A lot of criteria charaterise development. they are: economy, freedom or independence, trade improvement, technology, market, infrastructure, standard of living, government, population and a host of others.
These characteristics are judgement on their own. however, the world economic system through the worldbank and the countries foreign exchange reserve in the world bank and the countries debt are all tools of development.
If a country is riddled with more debt than reserve the country coulb said to be indebted and is developing. If there are more reserve than debt, the country is rich.
If a country is suffering from war, poverty, penury, and others United Nations will place the country among the developing countries.
2006-12-02 00:07:02
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answer #1
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answered by Nnamsco 3
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Welfare states, poor scum, rich people.
2006-12-02 07:51:38
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answer #2
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answered by Anonymous
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