What term describes countries with higher levels of economic development?

The term that describes countries with higher levels of economic development is "More Developed Countries" or MDCs. These countries are characterized by advanced infrastructure, a high standard of living, and a diversified economy primarily driven by services and industrial activities rather than agriculture. MDCs usually have higher gross domestic product (GDP) per capita, better education systems, and broader access to healthcare, technology, and social services.

This classification helps to differentiate these countries from developing or underdeveloped nations, which typically face challenges like lower income levels, limited industrialization, and poorer social services. Understanding the characteristics of MDCs aids in analyzing global economic patterns and development strategies.