it makes led less developed and causes problems
why is fair trade good for LEDCs
nope.
Fair trade helps workers in Less Economically Developed Countries (LEDCs) by ensuring they receive fair wages and better working conditions, which can significantly improve their quality of life. It promotes sustainable practices and empowers communities by providing access to markets and financial resources. Additionally, fair trade initiatives often support education and health programs, further contributing to long-term development and economic stability for these workers. Ultimately, fair trade fosters a more equitable global trading system that prioritizes the welfare of producers.
Because LEDCs are generally weaker than MEDCS so in a general term we are to see the weak rise compared to the strong, cause you cannot get stronger.
becuase of eternity life
Being a less economically developed country (LEDC) does not necessarily mean that a country will always be poor. With the right policies, investments, and development strategies, LEDCs can improve their economic condition and standard of living over time. Many LEDCs have made progress in recent years in terms of economic growth and poverty reduction.
Asian LEDCs (Less Economically Developed Countries) are nations in Asia characterized by low income levels, limited industrialization, and a lower standard of living compared to more developed countries. Examples of Asian LEDCs include Afghanistan, Nepal, and Bangladesh, where economic challenges are often compounded by factors such as political instability, inadequate infrastructure, and limited access to education and healthcare. These countries typically rely heavily on agriculture and have higher rates of poverty and unemployment. Efforts to improve their economic conditions often focus on sustainable development and international aid.
it makes led less developed and causes problems
why is fair trade good for LEDCs
Rates of urbanization are higher in Less Economically Developed Countries (LEDCs) than in More Economically Developed Countries (MEDCs) primarily due to rapid population growth and migration from rural areas in search of better economic opportunities and living conditions. LEDCs often experience industrialization, which attracts people to cities for jobs, while MEDCs have more established urban centers with slower growth rates. Additionally, factors such as rural poverty, lack of infrastructure, and limited access to services in rural areas push populations toward urban centers in LEDCs.
One reason is because people are more educated in MEDCs compared to LEDCs - HQs need suffieciently educated employees to manage their money. People in LEDCs are not so well educated and so are more suited to mass production in TNCs.
ledcs ask medcs for money if they need it but over time, medcs charge more and more interest and so the ledcs can't pay it back. medcs also bargain for their resources so when the ledcs are left in debt, with no control over their resources, they end up in poverty.
How are charities and governments helping to improve Shanty Towns?Over time the conditions in shanty towns may improve. In many LEDCs, local communities, charities and government departments are working together to improve conditions in squatter settlements. Improving conditions in a squatter settlement can lead to improvements in the residents' quality of life.Site and service schemesThese give people the chance to rent or buy a piece of land. The land is connected to the city by transport links and has access to essential services (e.g. water). People build their own homes using money from a low-interest loan.Self-help schemesThese give people the tools and training to improve their homes. Low-interest loans may be used to help people fund these changes. People may be given legal ownership of the land.Rural investmentImproving the quality of life and creating greater opportunities in rural areas may prevent people from migrating to urban areas. Investment in rural areas may therefore help to improve conditions in the city as well.
Over time the conditions in shanty towns may improve. In many LEDCs, local communities, charities and government departments are working together to improve conditions in squatter settlements.Improving conditions in a squatter settlement can lead to improvements in the residents' quality of life.Approaches to improvementSite and service schemesThese give people the chance to rent or buy a piece of land. The land is connected to the city by transport links and has access to essential services (eg water). People build their own homes using money from a low-interest loan. Self-helpschemesThese give people the tools and training to improve their homes. Low-interest loans may be used to help people fund these changes. People may be given legal ownership of the land.Rural investmentImproving the quality of life and creating greater opportunities in rural areas may prevent people from migrating to urban areas. Investment in rural areas may therefore help to improve conditions in the city as well.
poty
ledc