2011-02-22, 03:25 AM
Words Wrote:I hate when people say "developing nations", we're not developing anything: people still lives in crappy conditions and will live in crappy conditions who knows for how long. The only things that's developing is rich people's wallet and political life.
The term "developing nation" is kind of a general term. It usually signifies a nation that is growing into the western style economy by way of imports and exports. This is something that China did very rapidly and is fast becomming the world leader in that respect. That is just one use for the term. You are right about it developing rich peoples wallets and political life though...seems to go hand in hand.