First World vs Third World Countries - What’s the Difference ? | Developing vs Developed Countries.

You must have heard that countries are divided into three sections. First world, Second world and Third world countries. But have you ever though what makes a country developing or developed ? _____________________________________________________________ Enjoyed the video? Let us know in the comment section📋📋 Subscribe to our channel for more content. Chapters: 00:00 - Intro 00:40 - Developed countries according to United Nation 01:13 - Developing countries according to United Nation 02:13 - Factors that determine 03:14 - What is GDP per capita? 03:54 - What is Human Development Index (HDI)? 04:40 - Characteristics of Developed countries 05:35 - Characteristics of Developing countries 06:35 - Examples. 09:38 - Why China is considered a Developing country? -About Money Uncharted Money Uncharted makes Explainer Documentaries about Money, Finance, Economics, and Business. ____________________________ For Copyright and Business only : Moneyuncharted@