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| '''Developed nations''' refers to those nations that have achieved (currently or historically) a high degree of industrialization, and which enjoy the higher standards of living in the world today. There is a strong correlation between nations having this type of status and them possessing strong democratic institutions. | '''Developed nations''' refers to those nations that have achieved (currently or historically) a high degree of industrialization, and which enjoy the higher standards of living in the world today. There is a strong correlation between nations having this type of status and them possessing strong democratic institutions. | ||
Revision as of 08:49, 30 April 2003
Developed nations refers to those nations that have achieved (currently or historically) a high degree of industrialization, and which enjoy the higher standards of living in the world today. There is a strong correlation between nations having this type of status and them possessing strong democratic institutions.
Nations not belonging in this category are sometimes euphemistically called "developing nations" or underdeveloped nations. Other terms sometimes used are first-world/third world (the second world was reserved for Communist nations) or industrialized nations/non-industrialized nations. The term "western world" also somewhat refers to developed nations, but not completely.
Nations clearly assigned to this category include: