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There are a couple of things that the richer countries can do;
1. they could introduce short term and long term aid
2. they can reduce/ cancel dept
3. Introduce and encourge fair trade
im sure theres a few things other things but i cant think of any. Try expanding on these first :)
Hyman Stokes
MEDCs can help LEDCs by providing financial aid, technology transfer, and expertise in areas such as infrastructure development, healthcare, and education. They can also promote fair trade practices, share knowledge and best practices, and support capacity building initiatives to empower LEDCs to improve their economic and social conditions. Collaborative partnerships and sustainable development projects are key ways that MEDCs can support LEDCs in achieving long-term growth and prosperity.
Wiki User
∙ 13y agoMedc's (more economically developed countries) can help Ledc's (less economically developed country) in many ways below are some examples :
- giving the poor jobs
- making organisations e.g fair-trade
- giving children an education
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How did LEDCs get into debt with MEDCs?
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.
Is Argentina a medcs or ledcs country?
ledc
Is Somalia a medcs or ledcs country?
LEDC because it has faming in it and ...
Why are new technologies available more in MEDCs than LEDCs?
Because MEDCs have more money to spend on these technologies.
Why cities LEDCs are growing faster than cities in MEDCs?
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.
Examples of medcs and ledcs?
MEDCS: Australia, the UK, the USA, Switzerland, Canada, France, New Zealand, Belgium, Germany, Ireland, Japan , Republic of Korea LEDCS: Bangladesh, Mali, Sudan, Peru, Fiji, Cambodia, Nigeria, Egypt, Zimbabwe
Is the Philippines an medcs or ledcs?
MEDC becuase its more economic developed country.
Why are there more people living in LEDCs than MEDCs?
becuase of eternity life
Are MEDCs better at sport that LEDCs?
i don't know that's what im looking for lol
Why is it good for MEDCs to have TNC headquarters in their country?
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.
Why are LEDCs exporters of raw materials?
Because in most MEDCs they have either run out of what was available or didnt have much in the first place, such as Japan.
Charities that sponsor LEDC countries?
oxfam is one of them. but there are many more that support LEDCs like child line(also support MEDCs) The Railway children(supporting children that have to beg and live at Railways) i don't know if this is a charity but it helps LEDCs; Fair Trade which is growing rapidly through many MEDCs.
