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Developing and industrializing nations

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3) Explain the characteristics associated with "developing" and "industrializing"nations.How does this impact the "rural to urban shift"? the more examples, the better. The answers should have at least one example from the real-life situation.

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The solution discusses and explains the characteristics associated with "developing" and "industrializing"nations.How does this impact the "rural to urban shift"? the more examples, the better

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Developing countries are countries that haven't reached Western-style standards of democratic government, free market economy, industrialization, social programs, and human rights guaranties for their citizens. Countries with more advanced economies than other developing nations, but which have not yet fully demonstrated the signs of a developed country, are grouped under the term newly industrialized countries.

Other developing countries which have maintained sustained economic growth over the years and exhibit good economic potential are termed as emerging markets. The Big Emerging Market (BEM) economies are Argentina, Brazil, China, Egypt, India, ...

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