WELCOME! The question in my curious mind since my childhood day itself, why india is called developing country and while mostly all the european countries and the countries in the North America we call as a developed countries. why is it? who determines this country is developed or not.
I hope you also curious to know about the origin of this topic why will be waiting lets gets started..
The history was started long way back in the 18th century when was the first steam engine was introduced that was led to the development of industrial revolution all around the world especially in the parts of europe.
because of the invention of steam engine countries can transport their goods to other countries which led to the growth of trade and commerce. In that way many industries were build. this revolution changed agrarian society to industrial society which needs skilled labour and there is a no place for illiterate in industry.
This Industrial revloution has impact on society, individual, state and even at the global level. Impact of individual is in order to survive in an industrial society it was needed several years of instructions.
Impact on families the join family is divided into nuclear ones. The impact at the global level is the improvement in communication and transport facilities gave a boost to industrialization. Countries, where conditions were favourable, saw economic growth at a much faster pace than others. However, the demand for industrialized products grew all over.This led to export of manufactured goods from the more industrialized nations to less industrialized nations .Export of manufactured goods was much higher than the agriculture produce, in terms of value. This resulted in titling of the international trade in favour of the industrialized nations and gave rise to trade deficts. As a result of uneven industrialization over the next century, the trade deficit continued to grow and divided the world into two unqual parts the developed and the underdeveloped countries. Countries,which were able to reap benefits of industrialization. saw faster economic development while others which could not,continued in trh pre-industrial set up.Limitations in physical infrastructure, facilities for education and skill formation mind set of helplessness etc.. were some of the factors hindering the growth of the underdeveloped countries.
Hope you got ideas about the how the developing and developed countries emerged.
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