What will happen when all the countries become developed countires?
Answer:
Models of economic growth predict that once countries become developed, their standards of living grow at slower rates. That is, wages and average salaries will increase at a slower pace, because capital accumulation slows down.
One interesting implication would also be that trade balances would be zero for all countries -- exports = imports -- and that net capital inflows will also be zero.
they wont, look at what america does, thats for placing weapons everywhere, so when another country get up there, they go to town
WAR again!!
The terms "developed" and "undeveloped" are subjective, which is to say that they aren't static and fixed. They are dynamic, ie. their definitions change dependent upon who uses them, when they use them, and how they use them. So, technically, when other countries become developed by 1950's standards, but the year is 2007, they remain "undeveloped". This is why there will always be undeveloped countries, since we do not have an all-encompassing, world economy that flattens out and stabilizes all participants in itself. Now, assume that the world becomes a single entity, a single nation, single economy, etc., then it behooves all people to help flatten the economy more, thus ridding the world of "developed" and "undeveloped" status. Why? Because undeveloped countries suck resources out of their developed patrons, giving little or nothing in return for the aid. And those countries which have resources to give generally become developed by the very nature of supply and demand, except when capitolism creates a humanitarian loophole that allows bigger, richer countries to buy resources at unfair market values, thus keeping countries "undeveloped". So, a true world economy would be the only way to drag all countries up to this "developed" status.
(Consequently, even this world economy would never become completely "flat", so to speak. A flat economy has almost no movement, since it is as good to keep goods as it is to sell them in a flat economy, when their is no chance for profit created by spikes in pricing of a product versus dips in cost to produce a product. A totally flat economy would be equal in all respects, both cost to produce and pricing of product.)
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