LEDCs

Question 1

What are LDCs defined by

Answer 1

• low incomes
• Human Resource weakness
• Economic vulnerability

Question 2

As well as extreme poverty, many LDCs also suffer from some of the following

Answer 2

• conflict
• political corruption
• lack of political stability
• a form of government that is authoritarian in nature, such as dictatorship

Question 3

In 2005 it was estimated

Answer 3

That 277 million people within LDCs were living on less than $1 per day