In a developed country, virtually everyone has access to a fairly high level of technology. In this case I am using the term technology to encompass a wide variety of inventions that make our lives easier or more comfortable, such as indoor plumbing, electricity, phones, indoor heating and air conditioning, modern medical treatments, and good transportation.
In developing countries, these things are available to the richer segment of the population, and the country is moving toward availability of these technologies to all. Undeveloped countries are ones where the majority of the population does not have access to such things.
There is not really much difference between "newly industrializing" and "developing." Really, they both mean the same thing but some people will think that the former term is less insulting than the latter. The term "developing" implies (to some people) that the country is not yet good enough.
A developed country is really just one that is fairly rich and has a diversified economy.
Well (^ _ ^)
1.A developed country is a country that has a high level of industrialization and per capita income while a developing country is a country that is still in the early stages of industrial development and has a low per capita income.
2.The citizens of a developed country enjoy a free, healthy, and affluent existence while citizens of developing countries do not.
3.Developed countries are also known as industrialized, advanced, and first-world countries while developing countries are also known as underdeveloped, least developed, and third-world countries.
look at this link http://www.differencebetween.net/miscellaneous/politics/difference-between-developed-and-developing-countries/
No country has a "perfect economy" so im not sure if that is the right answer. I am pretty sure it has something to do with GDP, wealth, population groqth, education level and so on. And I am most certainly not from India. Peru more like it.
Developed countries are countries with a perfect economy, jobs, and soveringty.
Developing countires could be countries such as yours India, which are currently developing slowly and gradually they are starrting to have jobs