Developing Nations Research Starter
The term developing nation is somewhat ambiguous; a standard, internationally recognized definition does not exist. However, the term usually refers to a low-income country, or a country in which the majority of the population lives in poverty and often cannot afford basic necessities. In comparison, developed nations are wealthier, more industrialized, and generally more advanced than developing nations. Other phrases often used to describe a developing nation are low-income country, less developed country, and third world country (although this phrase is considered outdated).