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Definition of Developed country

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country in which there is widespread industry and in which the average standard of living is high compared with world standards, progressive countries, modern countries
Developed country Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
A developed country, industrialized country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate.

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