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What Does It Mean?
DEVELOPMENT: Reaching an acceptable standard of living for all people by improving economic and social conditions.
DEVELOPING COUNTRY: Low- and middle-income countries in which most people have a lower standard of living with access to fewer goods and services than do most people in high-income countries. There are currently about 125 developing countries with populations over 1 million; in 1997, their total population was more than 4.89 billion.
Check out our Glossary for addtional definitions and expressions. 
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