developed country

(redirected from Economically more developed country)
Also found in: Acronyms.

developed country

an economically advanced country the economy of which is characterized by large industrial and service sectors, high levels of gross national product and INCOME PER HEAD. See Fig. 51 . See STRUCTURE OF INDUSTRY, DEVELOPING COUNTRY, ECONOMIC DEVELOPMENT.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
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