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What else can I help you with?
Why are companies using LEDCs for manufacturing purposes?
bECAUSE, THE WAGES ARE LOW
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.
Can you name 10 LEDCs?
poty
Is Argentina a medcs or ledcs country?
ledc
Why are trainers made in LEDC's?
Trainers are often made in LEDCs (Less Economically Developed Countries) because of lower labor costs, access to raw materials, and favorable government policies that attract foreign manufacturers. Companies can take advantage of cheaper production costs in LEDCs to maximize profits while meeting high demand for affordable footwear in global markets.
Why is sweatshops found in LEDCs because?
Sweatshops are often found in Less Economically Developed Countries (LEDCs) due to lower labor costs, lax regulations, and less stringent enforcement of labor rights. These conditions allow companies to maximize profits by minimizing expenses related to wages and working conditions. Additionally, the high unemployment rates in LEDCs push many individuals to accept low-paying jobs in sweatshops as a means of survival. This creates a cycle where demand for cheap labor perpetuates the existence of sweatshops.
How Many LEDCs are there?
There are many Less Economically Developed Countries (LEDCs) worldwide, but the exact number can vary depending on the source or classification. The United Nations lists over 30 countries as Least Developed Countries (LDCs), which generally align with the concept of LEDCs.
Is free market economy good for LEDCs?
nope.
How do sweatshops make ther products?
People in LEDCs are forced to make product by the company . They take very little salary per day ( 50p ) and work for 16 hours a day throughout all the week . People in LEDCs are forced to work to get money and escape from their severe poverty . As known As " Getting a small amount of something is better than nothing . " Many Worrkers get exploited by the companies too .
Where are sweatshops found?
in LEDCs (less economically developed countries)
Is Somalia a medcs or ledcs country?
LEDC because it has faming in it and ...
