The developed and the developing countries can be differentiated on the basis of following economic grounds:
In the developed countries the economic development is fast and as a result the people get more income and they have better means of not only livelihood but also of comforts and luxuries. Their population growth rate, too, is comparatively less. England, America, Japan and Switzerland are the examples of developed countries. On the other hand in the developing countries the population growth rate is high, development process is slow, agriculture is the main occupation, per capita income is low etc. These countries have remained sometime or the other, the colonies of the developed countries and as such they have remained backward.