Characteristic of developing countries.

First of all is proper to be clear about the meaning of the term developing countries. Various alternative names are used to indicated to economically back ward countries. such as underdeveloped countries,less developed countries(LDCS),third world countries
and developing countries.
The international organization including the world bank use the term developing countries which have been in common use.The term third world denote not allied with either of the two other world;the capitalist countries and the communist countries.The first use of the term third world is often credited to the late Indonesian president Sukarno who use the term on April 18,1955 at the opening of the banding conference.The poorest countries of the world are termed as least developing countries and even fourth world countries.
A developing countries is one where the process of economic development has started is not completed.In such country there is low rate of economic growth and high rate of natural and human resourced the started of people is miserably low.