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Question

Explain why a government would want to turn its country from a developing into a developed country.

Quick Answer:

Developed countries tend to have higher economic growth and this will reduce poverty

Developed countries tend to have higher living standards
due to earning higher incomes and higher GDP per head

Developed countries may have better education e.g. resulting in more skilled workers so productivity will be improved

Developed countries tend to have better healthcare resulting in longer life expectancy

Developed countries tend to have more economic power and are thus stronger in international negotiations

Developed countries tend to have a higher proportion of workers employed in the tertiary sector which may mean better working conditions

Tax revenue may be higher enabling more government expenditure

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