MEDCs Flashcards
1
Q
Which stage are most MEDCs in?
A
Stages 4-5
2
Q
How did LEDCs turn into MEDCs?
A
Industrial growth
Farming improvements
Increasing wealth
3
Q
Problems for stage 5 countries
A
Too few children to replace the current workforce, causing the economy to slow down eventually.
Fewer taxpayers, so less money for services. This is exacerbated by the increasing cost of services for the elderly, e.g. pensions
