Economic characteristics of developed countries

1. The productivity level is highly developed, the gross national product (GNP) and per capita GDP are much higher than those of other countries, the industrial structure is advanced, and the proportion of the tertiary industry in the national economic structure is generally greater than 60%.

Second, the economic operation mechanism is relatively mature, the market mechanism and system are sound, and there is a relatively perfect macro-control system.

Third, state monopoly capitalism is highly developed and plays an important role in social and economic life. The social security system is relatively perfect and the level of security is relatively high.

Fourth, the degree of economic internationalization is high, the dependence on foreign trade is much higher than that of developing countries, foreign trade accounts for a large share of the total world trade, financial markets are highly internationalized, and multinational companies are highly developed.