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Less developed countries (LDCs) have received various forms of support from industrialized nations, including foreign aid, investment, and technology transfer. This assistance often aims to boost economic development, improve infrastructure, and enhance education and healthcare systems. Additionally, industrialized nations have provided access to markets for LDCs' goods, albeit often under terms that favor the interests of the industrialized countries. However, the benefits of such support can be uneven, with some LDCs struggling to achieve sustainable growth and development.
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What is the difference between developing nations and developed countries?
Developing nations are generally poorer and have more people making less then minimum wage. Developed countries are richer, have relief programs for the poor and less poverty. the income level of standard living
How did their status as colonies of European powers have an effect on the development of many less developed countries?
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
Why did the modern economic growth experience of the more developed nations not spread more rapidly to the less developed countries?
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How do know if a country is developed?
A developed country is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. A lot of parameters are taken into account to evaluate the degree of development in a particular country. Countries with developed economy usually have high income per capita and a high Human Development Index (HDI). These countries also have high gross domestic product (GDP) per capita.
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
How has globalization affected jobs in industrialized?
Many manufacturing jobs have moved to less developed nations.
How did industrialization shift the world of power?
Industrialization shifted the balance of world power because the most-industrialized nations became more powerful than ones that had not industrialized. It further affected the balance of world power as the industrialized nations colonized many less-developed nations in order to have access to raw materials and further their influence.
How did the industrialization shift the worlds balance of power?
Industrialization shifted the balance of world power because the most-industrialized nations became more powerful than ones that had not industrialized. It further affected the balance of world power as the industrialized nations colonized many less-developed nations in order to have access to raw materials and further their influence.
Why could the amount of electricity used be an indicator of how developed a nation is?
Nations such as the United States of America are very industrialized, therefore require alot of electricity. On the other hand, less developed countries such as Somalia won't be using very much electricity because there is very little need for it.
What is the difference between developing nations and developed countries?
Developing nations are generally poorer and have more people making less then minimum wage. Developed countries are richer, have relief programs for the poor and less poverty. the income level of standard living
What is LEDCs and MEDCs?
LEDCs are non-industrial nationsMedc's are industrialized nationsMEDC- MORE ECONOMICALLY DEVELOPED COUNTRIESLEDC- LESS ECONOMICALLY DEVELOPED COUNTRIES
What other term is used for developing country?
Developing countries are also known as third world countries. These countries are less industrialized than developed countries. Many countries in Africa and southern Asia are third world countries.
How did the industrialized nations get the raw materials that they so needed?
Industrialized nations obtained raw materials through a combination of colonization, trade, and exploitation of natural resources. Colonies provided a direct source of essential materials, such as cotton, rubber, and minerals, often extracted through forced labor. Additionally, nations engaged in global trade networks, importing resources from less developed regions. The demand for raw materials fueled economic and political power, leading to conflicts and competition among industrialized countries.
How did their status as colonies of European powers have an effect on the development of many less developed countries?
Countries that were colonized by European nations had the benefit of a military presence that less developed nations did not have access to. However, these same nations had to fight for independence from the colonizing nation to benefit from the resources that were previously taken away and sent to the homeland.
Countries with little industry are called?
Countries with little industry are often referred to as "developing countries" or "less industrialized countries." These nations typically have economies that rely more heavily on agriculture or natural resource extraction rather than manufacturing or technology-based industries.
Why did the modern economic growth experience of the more developed nations not spread more rapidly to the less developed countries?
also looking for these points
How do know if a country is developed?
A developed country is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. A lot of parameters are taken into account to evaluate the degree of development in a particular country. Countries with developed economy usually have high income per capita and a high Human Development Index (HDI). These countries also have high gross domestic product (GDP) per capita.
