1- Economic development
An economy is considered to be developed when it has high levels of economic growth and financial security.
Among the factors most accepted for determining the economic strength of a country are the GDP per capita , Which represents the total gross income of an economy divided by the number of inhabitants of the country.
Some economists consider that a GDP of between.000 and.000 dollars per inhabitant is sufficient to consider that the economy is developed. However, other theoretical trends determined that the $ 1,000 per capita barrier needs to be overcome to speak of a developed country.
2- Industrialization and foreign trade
The level of industrialization of the country will be higher as it depends less on agricultural activity to survive.
Those countries that can generate greater added value over their natural resources and raw materials will reach a higher level of industrialization, and therefore of development. 3- Political stability
Another reliable index, developed by the World Bank, is the IGM (Global Governance Indicator). Its elaboration includes data on political stability, absence of violence and armed conflicts, government effectiveness, respect and quality of laws, transparency and possibility of dialogue on the part of the citizens.
The IGM estimate is based on a scale of between -2.5 and +2.5 points. Countries closer to +2.5 show a high degree of governance, a factor that determines their level of development. On the other hand, those who are under 0 will not have a government with good projections nor will they be able to reach full development.
4- Health and education
Since 1990, the United Nations Development Program (UNDP) has developed the Human Development Index (HDI).
This well-known report takes into account 3 dimensions of human life - health, education and income - on which it produces an index that concentrates the developed countries in their first positions. 5- Social equity, gender equality and low levels of poverty
For some years, the HDI considers other values to understand human development in an integral way. The level of equity between the different social classes and between the two sexes is measured.
The percentage of women empowered in society is also investigated and the extent of poverty among the population is analyzed, taking into account their multiple dimensions.
According to the latest report published by the United Nations, the five countries with the highest human development index are: Norway, Australia, Switzerland, Germany and Denmark.
In Asia the first place is occupied Singapore, in America the honor is of Canada, whereas in Africa the Seychelles Islands occupy the first position.
6- Scarce corruption
The political situation is also key to determining the development of countries. First, good governance by governments should be considered as the pillar of the country's political welfare. We must also analyze the levels of corruption in the country, at different levels of government.
Increased corruption undermined the governance of peoples and increased the current crisis of democratic representation in some regions.
This is due to the growing distrust among citizens of those countries with high corruption cases. The lower this level, the faster the development of societies. 7- Clean environment
Developed countries have been leaders at economic and industrial level, but also in terms of environmental pollution .
Although the most advanced economies are the most polluting in the last decades, the agreements in the international community and the pressure of different groups of activists have changed the situation.
The idea of living in a sustainable world is no longer a dream to become a reality.
First it was in Kyoto, Japan, in 1993, and then in Paris, France, in 2016. At both global environmental summits, leaders from virtually every country in the globe agreed that the progress of their peoples would only be possible in coexistence With a pollution-free environment.
Several goals were set to strengthen the use of clean energy and to reduce the emission of toxic gases.
Explanation:
sorry its so long lol
