Want this question answered?
I think that its low because the country is not fully developed.
The two methods that a less developed country can use to finance its economic development include borrowing from the World Bank, and agriculture. One method less developed countries can use to finance economic development is internal financing. Another method is foreign investment.
An LEDC is a less economically developed country, or a country with a low level of economical development. Indicators of this can include high infant mortality rate, low literacy rate, and a low GDP (per capita) Examples of LEDCs are Jamaica, Ghana, Rwanda etc
more developed country.
Those in a less developed country are not as nice and expensive as those in a developed country. the houses in a less developed country are usually made out of straw, wood and huts.
what does LEDC stand for?Less economy developed country
I think that its low because the country is not fully developed.
It is listed under Less Developed Countries at the Related Link below.
it depends on whether they are in a more economic developed country (MEDC) or a less economic developed country (LEDC)
There two methods that less developed country can use to finance its economic development. The two are borrowing from other countries and collecting taxes from citizens.
The two methods that a less developed country can use to finance its economic development include borrowing from the World Bank, and agriculture. One method less developed countries can use to finance economic development is internal financing. Another method is foreign investment.
An LEDC is a less economically developed country, or a country with a low level of economical development. Indicators of this can include high infant mortality rate, low literacy rate, and a low GDP (per capita) Examples of LEDCs are Jamaica, Ghana, Rwanda etc
more developed country.
It is a less economic country because the states there are mostly farming and only the cities have no farms so it is a less economic country.
Developing country
Yes Paraguay is a less economical developed country
yes