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Nepal is a Less Economically Developed Country (LEDC) - Edexcel - GCSE Business - Question 3 - 2018 - Paper 1

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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.

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