A developed nation is a country that: 1. Form of government (Democracy) 2. Free market economy 3. Lack of corruption 4. More dependent on manufacturing than on agriculture 5. Advanced/Abundant technology. A developing nation is a country that: 1.Has a low standard of living 2. Has an undeveloped industry 3. Lacks modern technology 4. Has low levels of education, healthcare, and life expectancy. A developed nation has reached the highest level of advancement for its people, life in these countries is really good. In a developing nation however, life is very difficult for its people. These nations have not reached the level of advancement developed nations reached.
Answer:
Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan.
Explanation:
Steelmaking is the process of producing steel from iron ore and/or scrap. ... Limiting dissolved gases such as nitrogen and oxygen and entrained impurities (termed "inclusions") in the steel is also important to ensure the quality of the products cast from the liquid steel.
