Differentiate between developed and underdeveloped countries.
Developed Countries:
(i) These countries have high per capita income.
(ii) The standard of living of the people is high.
(iii) For example, USA, UK, Japan etc.
Underdeveloped Countries:
(i) These countries have low per capita income.
(ii) The standard of living of the people is low.
(iii) For example, Nepal, Pakistan etc.