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The leaders of the LEDC countries are not sensible enough to realize that they need raw material processing economies, not the low economy of exporting them to other countries who engage their young ones in lucrative processing jobs to the detriment of their own countries young ones. They do not know that they need to create jobs at home by processing their raw materials, add value to them, export them at higher value and improve the standard of living of their people. The leaders of the LEDCs just do not know. They are just plain stupid. That is the reason. Plain Stupid.
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∙ 12y ago
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What is LEDCs and MEDCs?
LEDCs are non-industrial nationsMedc's are industrialized nationsMEDC- MORE ECONOMICALLY DEVELOPED COUNTRIESLEDC- LESS ECONOMICALLY DEVELOPED COUNTRIES
How Many LEDCs are there?
many
What country very poor in the world?
There are many poor countries in the world. Such countries are called LEDCs or Less Economically Developed Countries, like Afghanistan, Kenya, Columbia, Ghana, Syria, South Africa.....
Examples of medcs and ledcs?
MEDCS: Australia, the UK, the USA, Switzerland, Canada, France, New Zealand, Belgium, Germany, Ireland, Japan , Republic of Korea LEDCS: Bangladesh, Mali, Sudan, Peru, Fiji, Cambodia, Nigeria, Egypt, Zimbabwe
Some examples of LEDC?
Some examples of LEDCs are Ghana, Brazil, Iraq, Kenya and India.
Why are LEDCs exporters of raw materials?
Because in most MEDCs they have either run out of what was available or didnt have much in the first place, such as Japan.
Where are sweatshops found?
in LEDCs (less economically developed countries)
What is LEDCs and MEDCs?
LEDCs are non-industrial nationsMedc's are industrialized nationsMEDC- MORE ECONOMICALLY DEVELOPED COUNTRIESLEDC- LESS ECONOMICALLY DEVELOPED COUNTRIES
Is the Philippines an medcs or ledcs?
MEDC becuase its more economic developed country.
How does globalisation affect people in ledcs?
it makes led less developed and causes problems
Will ledcs always be poor?
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 countries benefit from fair trade?
The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.
Does fair trade benefit retailers more than LEDCs?
why is fair trade good for LEDCs
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.
How Many LEDCs are there?
many
Can you name 10 LEDCs?
poty
What are LEDCs?
LEDC stands for less economically developed country and in general, LEDCs are non-industrial nations. They tend not to manufacture goods and the residents are usually poor. Another term for LEDCs is Third World nations and there are MEDC's too, that stands for more economically developed countries and those countries are rich. A few of them are England, Australia and The United States of America. A few of the LEDC countries are Panama, Sierra Leone and Ghana and there several more. Residents of LEDC's countries earn the equivalent of less than $1200 US a year (which is less than $4 US a day).(see a list at the related link)
