„Developing Countries“

What does Developing Countries stand for?

A term used to describe countries that lack strong amounts of industrialization, infrastructure, and sophisticated technology, but are beginning to build these capabilities.

Source:

Rodney, Walter. (1972). How Europe Underdeveloped Africa. Bogle-L’Ouverture Publications.

Economic Theories and ConceptsView all items
Something is not correct?Let us know!