Is Lagos an medc or ledc?

Answer 1

Lagos is classified as a Large Emerging Economy (LEDC) rather than a More Economically Developed Country (MEDC). It is the largest city in Nigeria and serves as a major financial and commercial hub in Africa, but it still faces significant challenges such as poverty, inadequate infrastructure, and high population density. While it has experienced rapid economic growth, the socio-economic indicators reflect characteristics typical of LEDCs.