Meaning of “developed” in the English Dictionary

"developed" in American English

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developedadjective

us /dɪˈvel·əpt/

stronger, larger, or more advanced:

Sharks have a highly developed sense of smell.

politics & government Developed countries have a lot of industry and wealth.

(Definition of “developed” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"developed" in Business English

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developedadjective

uk /dɪˈveləpt/ us

advanced or powerful:

Bolivia's energy sector is not as developed as that of Venezuela.
The electronics market here is far more developed than in any other Western country of comparable size.

ECONOMICS having a lot of industrial activity and a strong economy:

Global deflation is squeezing profits and extinguishing jobs in the developed world.
Portable devices became big sellers in developed markets as music went digital.
Many companies in less developed regions are growing much faster than our own.
developed nations/economies
Compare

PROPERTY developed areas have houses, stores, factories, etc. on them:

The coast is now heavily developed.
developed land
a developed area

NATURAL RESOURCES used to describe places from which natural resources are taken:

The area contains five developed gas and oil fields.

(Definition of “developed” from the Cambridge Business English Dictionary © Cambridge University Press)