Complementary & Integrative Health Approaches
Describe the characteristics of a developed country.
Describe the characteristics of a developing country.
What are the benefits of developed countries sharing their knowledge and technology with developing countries?
Conversely, what are the benefits of developing countries sharing their knowledge and practices (including health practices) with developed countries?
Sample Solution
Characteristics of a Developed Country A developed country is one with a high level of economic development, and typically has an advanced infrastructure and a strong economy. These countries have achieved a high level of GDP per capita, low levels of poverty and unemployment, improved healthcare systems, higher living standards for its citizens, higher education attainment rates and good access to social services. Characteristically, developed countries are among the world’s leaders in technology and innovation;
they enjoy a more diversified range of industries than those found in lesser-developed countries; their economies are largely driven by knowledge-intensive activities such as research & development (R&D), manufacturing, information technology (IT) services etc. There is usually significant global trade activity due to the presence of numerous multinational corporations based in these nations. Generally speaking, government policies also tend to support business growth while promoting greater public welfare through universal health care coverage or other social programs.
Characteristics Of A Developing Country
Developing countries typically have lower levels of economic development relative to more developed nations due to less stable financial markets and relatively weaker institutions which can limit investment opportunities for businesses within these nations. This often leads to slow growth or even recessionary periods over time as consumer spending power declines or population growth outpaces available resources and job opportunities become scarce. In addition, developing countries may struggle with poverty due to lower wages compared with those earned in developed nations which further reduces purchasing power on domestic products for consumers within these societies thereby creating further stagnation or decline in output from domestic producers. Furthermore corruption amongst government officials can be rampant leading some firms not getting fair competition resulting into skewed market share earning potentials across different firms operating within local markets . Additionally inadequate infrastructure such as poor roads makes it difficult for goods produced domestically being able move efficiently over long distances thus reducing output while transportation costs remain uncompetitive relative to those charged by foreign companies selling imported goods at much cheaper prices leaving the domestic economy stuck between production bottlenecks compounded by consumption limits created by limited purchasing power held by many within this society itself .
Benefits Of Developed Countries Sharing Their Knowledge And Technology With Developing Countries
The primary benefit that comes from developed countries sharing their knowledge and technology with developing ones is increased economic efficiency through increased productivity gains associated with better technologies leading into greater returns above what could otherwise be attained without such advancements from shareholders alike who will enjoy larger profits than would otherwise be possible absent such collaborations happening behind closed doors . Additionally it allows faster adoption rates into new processes since training time needed will likely decrease significantly when compared against trying learn everything on own considerably expanding capabilities locally available that may have been impossible had no external assistance been provided beforehand making some ventures feasible where before they were not viable at all thanks mainly input coming out outside sources eager make sure best practices get adopted widely so people don't experience same problems experienced elsewhere prior during implementation phase hence improving overall safety record & reliability while reducing expected downtime too allowing much productive work get done despite facing considerable technological constraints historically limiting quality outcomes produced locally up until recently when external help arrived onto scene transforming entire situation almost overnight giving rise whole host expectations never seen before under old regime . Finally having access top tier expertise brought about via transfer wealth knowledge means now any nation can quickly improve its standing globally simply because there's much knowhow gained free charge something couldn't do alone cost plenty money if tried go down route hiring expensive professionals each step way something still prohibitively expensive option most places world today regardless how far come already despite recent advances made recent years benefiting select privileged few lucky enough gain inside edge everybody else missing out big time unless willing pay steep prices asked them charge just stay competitive game showing clearly why collaborating critical nowadays order achieve desired results fast & efficiently period end story!
Conversely Benefits Of Developing Countries Sharing Their Knowledge And Practices With Developed Countries
Developing countries possess a great deal of valuable knowledge that can benefit both themselves as well as other more-developed nations around the globe if shared appropriately. For example, traditional practices related to sustainability—such as fishing methods used off the coast of Africa—can provide insight into how we should manage our water resources differently back home here in North America given current trends favoring ecofriendly approaches towards resource management wherever possible going forward going forward keeping us right track line providing consistent reminder about importance staying focused sustainable path trajectory wise every chance gets presented us each day moving closer brighter future ensuring nobody left behind struggling meet basic needs once again either side equation hopefully making difference taking place meanwhile delivering real tangible results everyone involved involved meaningfully throughout process achieving collective goal set forth collectively helping ensure sense balance achieved eventually leading eventually toward prosperous lifetime lived true joy happiness contentment knowing contributed positively toward improvement worldwide grand scale leveraging skillset unique abilities possessed ordinary individuals everywhere joining together create remarkable changes man nonetheless hard believe might just happen afterall happens then nothing ever quite same again