What is meant by the term developing country?

Question

Quizplus · Accepted Answer

A developing country is one that possesses a low level of material well-being, with a low gross domestic product (GDP), a low human development index (HDI), and a low per capita income. Developing countries are often characterized by high levels of poverty, limited access to education and healthcare, and a lack of infrastructure and industry. War and communism are not criteria for categorizing a country as developing. The standard of living may be low in a developing country, but that is not the defining characteristic.

What Is Meant by the Term Developing Country