Less developed nations typically exhibit high levels of poverty, limited access to education and healthcare, and inadequate infrastructure. These countries often rely heavily on agriculture and have a low industrial base, leading to economic vulnerability. Additionally, they may experience political instability and social inequality, which can hinder development efforts. Overall, these characteristics contribute to slower economic growth and lower standards of living.
economic dependence :)
There are a number of characteristics of less developed countries. These include high Birth Rate, low education, as well as poor health.
Older than the average person in a less developed nation.
England
The industrialization of less-developed nations.
Less developed than the US or Europe, more developed than some others.
Lebanon is a developed nation.
Greece is a developed nation
Developed is the right answer
newly industrialized country -:)
No, Rwanda is not considered a developed nation, but rather a developing nation.
Businesses in highly developed nations may choose to build factories in less-developed nations primarily due to lower labor costs, which can significantly reduce production expenses. Additionally, access to new markets and resources, such as raw materials, can drive this decision. Favorable government policies, tax incentives, and less stringent regulations in the less-developed nation can also play a crucial role in attracting foreign investment. Lastly, companies may seek to enhance their global supply chains and diversify production locations to mitigate risks.