Answer:
I hope this helped.
Step-by-step explanation:
United nations have classified countries into two i.e. developed nations and developing nations. Developed nations have industrialized their economic systems and have high living standards. Developing countries are slow in industrializations and have lesser quality of living means.
Comparing lives of people living in two kinds of countries is challenging. However, the following factors may be used to compare the living standards.
• Life satisfaction of the individuals and the households
• Total Income levels and disposable incomes
• Life expectancy and mortality rates
• Availability and affordability of basic amenities such as hygienic food, cozy shelter, health care, education, etc.
• Presence of household gadgets such as TV, Computer, Internet, Car, etc. in the home.