Developing Nations

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Discuss five reasons why Ghana is regarded as a developing country.

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Although sources cannot agree on an appropriate definition for “developing country,” most define a developing country as one that has low indicators/ratings of economic development. Some of these indicators include per capita income, life expectancy, and literacy rates. Below I will describe why Ghana is considered a developing country.

Per Capita Income

A country’s gross domestic product (GDP) describes the market value of all goods and services made within a country. The GDP per capita is the aforementioned definition divided by the number of people living in the country. Sources posit that the average GDP per capita for developed countries is $12,000. The GDP per capita for Ghana, however, was $1,641 in 2017.

Life Expectancy

Life expectancy describes the average lifespan of the residents of the country. The average life expectancy in developed countries is between seventy-six and eighty-two years old. The life expectancy in Ghana is only about sixty-three years old. This low...

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