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ECONOMIC GROWTH – DISTINCTION BETWEEN DEVELOPED AND DEVELOPING COUNTRIES

DEVELOPED NATIONS DEVELOPING NATIONS Developed countries are high income countries. Developing countries are low income countries. In developed countries the secondary and tertiary sectors are predominant. In developing countries the primary sector is predominant In developed countries population in secondary

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ECONOMIC GROWTH – INTRODUCTION

Before 1960, especially up to the Second World War, very little interest was shown in the problems of the developing countries. After the second world war new countries emerged on the political map of the world. These countries were previously

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