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Q.

Which country can be considered a developed country in the modern world?


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a

Only those countries which have accumulated huge amounts of wealth and always secure the future of their citizens are considered to be developed.

b

Only rich countries are considered to be developed because people have money to buy everything needed for human beings- both material and non-material

c

Countries that are among the highest in the 'Human Development Index' are considered to be the developed countries.

d

Iran is a rich country, and therefore it is a developed country. 

answer is C.

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Detailed Solution

Countries standing among the highest on the 'Human Development Index' are considered more developed. The Human Development Index (HDI) is a single index measure that has three crucial indicators: namely, health, education, and living standards. The HDI thus considers the qualitative aspects of life, including the above three attributes that may affect the development of a country. The Index is then prepared and ready to rank various countries based on its results. The country with the highest Human Development Index in the world is Norway. This first ranking in the HDI causes us to believe that Norway is the most developed nation in the world
 

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