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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.
What else can I help you with?
Does fair trade benefit retailers more than LEDCs?
why is fair trade good for LEDCs
Was India always poor?
no it was not always poor.
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.
Can you name 10 LEDCs?
poty
Is Argentina a medcs or ledcs country?
ledc
Which parts of the world are poor today?
I presume you mean LEDCs (Less Economically Developed Countries). The answer is all countries in the southern hemisphere save from New Zealand and Australia. Sounds crazy but it's true.
How Many LEDCs are there?
There are many Less Economically Developed Countries (LEDCs) worldwide, but the exact number can vary depending on the source or classification. The United Nations lists over 30 countries as Least Developed Countries (LDCs), which generally align with the concept of LEDCs.
Is free market economy good for LEDCs?
nope.
Was Afghanistan always poor?
no
Where are sweatshops found?
in LEDCs (less economically developed countries)
What country did the rose flower come from?
it comes from a LEDCS
Is Somalia a medcs or ledcs country?
LEDC because it has faming in it and ...
