It is listed under Less Developed Countries at the Related Link below.
what does LEDC stand for?Less economy developed country
I think that its low because the country is not fully developed.
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.
MEDC becuase its more economic developed country.
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.
its both but more to the medc really Iran is medc but it gets in wars and political distructions realy quikly that's why its ledc but Iran is a wealthy country and rich with military power
Developing country
Yes Paraguay is a less economical 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.