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MEDC AND LEDC
Availabilty of resources
LEDCs are the countries which produce many of the worlds raw materials. They then sell these raw materials to MEDCs for relatively low prices. The MEDCs then use the products to manufacture high value goods which they can sell for a great profit. Many LEDCs cannot afford the modern technology which would help to ensure better medical care and improve levels of employment. In LEDCs much of the food is produced on small, inefficient subsistence farms and together with problems caused by extreme weather, means that food production on a national scale may be inadequate to feed all the people. |