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The terms developed, developing, and underdeveloped countries are used to classify nations based on their economic, social, and political conditions, but they are not fixed labels and often require reconsideration in the context of modern development thinking. Developed countries, also referred to as industrialized or high-income nations, are characterized by high per capita income, advanced technological _________ _______ ________ ________ _______ _________ ________ ____ _________.
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