Four difference between developed and developing country

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Developed nations are generally categorized as countries that are more industrialized and have higher per capita income levels. ... Developing nations are generally categorized as countries that are less industrialized and have lower per capita income levels.

Explanation:

1-The countries which are independent and prosperous are known as Developed Countries. The countries which are facing the beginning of industrialization are called Developing Countries.

2-Developed Countries have a high per capita income and GDP as compared to Developing Countries

a. $28,800

b. $16,000

Step-by-step explanation:

A.

20,000 * 20% = 4,000

so thats how much more it will be next year

add that together

20,000 + 4,000 = 24,000

so thats one year from now and we have to find two

multiply 20% times next years value

24,000 * 20% = 4,800

so add that to 24,000

24,000 + 4,800 = 28,800

so in two years the value will be $28,800

B.

20,000 * 20% = 4,000

so thats how much less it was worth one year ago

so you have to subtract it

20,000 - 4,000 = 16,000

so it was worth $16,000 one year ago