LEDCs Flashcards
1
Q
What are LDCs defined by
A
- low incomes
- Human Resource weakness
- Economic vulnerability
2
Q
As well as extreme poverty, many LDCs also suffer from some of the following
A
- conflict
- political corruption
- lack of political stability
- a form of government that is authoritarian in nature, such as dictatorship
3
Q
In 2005 it was estimated
A
That 277 million people within LDCs were living on less than $1 per day
