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Underdeveloped countries are synonymous with less developed countries, usually due to an imbalance in trade in which the undeveloped country is dominated and exploited by a dominant country. i.e. from the start of the 17th century until the mid to end of the 20th century Africa was exploited under colonialism when its economic structure was moulded to suit the needs of the dominant countries (Portugal and britain), in recent times this exploitation is due to debt and debt control.
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What is the difference between developed nd developing countries?
A developed countries means that their economy is developed ,more GDP , high living standard.a less developed country means that their is lack of lletracy less GDP and GNP
Is Chile a more developed country or less developed country?
more developed country.
What are some of the differences between homes in less-developed countries and those in developed countries?
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.
Is Australia a developed or less developed country?
It is a developed country other developed countries include the uk, usa and germany. less developed countries are somalia, afganistan and lybia
Why are economic indicators low with a less developed country?
I think that its low because the country is not fully developed.
What is the difference between an less economically developed country and an more economically developed country?
difference between life expectancy in developed and underdeveloped countries
Indonesia is a developed country?
Yes, Indonesia is a developing country. The developing countries are also called less-developed countries. Indonesia is a country with a lower standard of living and underdeveloped industrial base.
What does LEDC mean?
LEDC means that the country which is less developed or are gating developed.LEDC stands for Less Economically Developed Country.from Saksakar
What is the difference between developed nd developing countries?
A developed countries means that their economy is developed ,more GDP , high living standard.a less developed country means that their is lack of lletracy less GDP and GNP
What do's ledc and medc stand for?
LEDC means less economically developed country like Nepal and MEDC means more economically developed country like the UK
What do the letters LEDC stand for?
LEDC usually means less economically developed country.
Is Chile a more developed country or less developed country?
more developed country.
Is Nigeria more developed or less developed?
Developing country
Why is Paraguay a less economically developed country?
Yes Paraguay is a less economical developed country
What is one way that underdeveloped nations can increase growth in Gross Domestic Product?
Studies conducted by economists at the Federal Reserve Bank of New York indicate that under developed nations can benefit and increase their GDP by importing high technology products from developed nations. As a whole, trade between less developed nations and underdeveloped ones, have resulted in economic benefits for less developed nations.
Is South Africa an LEDC or Less Economically Developed Country?
Less Economically Developed Country means ledc. So your answer is infact yes it is a ledc place by Sophie louise court
What does ledc stand for?
what does LEDC stand for?Less economy developed country
