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English definition of “developing”

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developing

adjective [before noun]
 
 
/dɪˈveləpɪŋ/ ECONOMICS
poor, but trying to grow and becoming more advanced by creating new industries and a stronger economy: Internet use is almost universal in industrialized countries, and is growing rapidly in the developing world as well. Fast-growing airlines in developing markets tend to have newer fleets then their competitors in countries where air travel is well established. developing nations/economies →  Compare developed
(Definition of developing from the Cambridge Business English Dictionary © Cambridge University Press)
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