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I think that its low because the country is not fully developed.

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14y ago

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What is a less 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


What two methods can a less developed country used to finance its economic development?

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.


Is Chile a more developed country or less developed country?

more developed country.


What is the general term for a less developed nation that has shown significant improvement in its development?

The general term for a less developed nation that has shown significant improvement in its development is "emerging market" or "developing country." These nations often experience rapid economic growth, improved infrastructure, and advancements in social indicators such as education and healthcare. They are typically transitioning towards more industrialized and economically stable statuses.


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.

Related Questions

What does ledc stand for?

what does LEDC stand for?Less economy developed country


What is a less 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


Is Iran a less economic developed country?

It is listed under Less Developed Countries at the Related Link below.


What is less economically developed country?

A Less Economic Developed Country (LEDC) is a country that is in poverty with little if no resources such as the African countries and Brazil although many of these countries do have rich areas. Hope this helps


Is Turkey an LEDC?

Turkey is classified as a developing country or an emerging economy, rather than a less economically developed country (LEDC). It has made significant progress in a number of economic and social indicators over the past few decades.


Is Cape Verde a less economically developed country?

Cape Verde is classified as a lower-middle-income country rather than a less economically developed country. It has made significant progress in terms of stability and economic growth, primarily through tourism and remittances. However, challenges such as limited natural resources and vulnerability to climate change affect its overall development. While it is not among the most developed nations, it has shown improvements in various socio-economic indicators.


Why do you think some people are rich and some are poor explain?

it depends on whether they are in a more economic developed country (MEDC) or a less economic developed country (LEDC)


What country is less develop?

A Less Economic Developed Country (LEDC) is a country that is in poverty with little if no resources such as the African countries and Brazil although many of these countries do have rich areas. Hope this helps


What two methods can less developed country use to finance its economic development?

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.


What two methods can a less developed country used to finance its economic development?

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.


Is the Philippines an medcs or ledcs?

MEDC becuase its more economic developed country.


Is Chile a more developed country or less developed country?

more developed country.