Nepal is a Less Economically Developed Country (LEDC) - Edexcel - GCSE Business - Question 3 - 2018 - Paper 1
Question 3
Nepal is a Less Economically Developed Country (LEDC).
Which of the following best defines an LEDC?
Select one answer.
A.
A country that relies on imports
B.
A c... show full transcript
Worked Solution & Example Answer:Nepal is a Less Economically Developed Country (LEDC) - Edexcel - GCSE Business - Question 3 - 2018 - Paper 1
Step 1
Which of the following best defines an LEDC?
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Answer
The best definition of a Less Economically Developed Country (LEDC) from the options provided is:
C. A country with a low standard of living.
This option captures the key characteristic of LEDCs, which typically struggle with poorer living standards, lower income levels, and limited access to resources and services.