LEDCs: Barriers to Development

The video discusses the challenges faced by less economically developed countries (LEDCs), where many people live on less than $15 a month without access to basic necessities like clean water, education, and healthcare. These countries struggle with barriers to development, such as health issues, natural disasters, and trade restrictions. Health problems reduce productivity, while frequent natural disasters hinder recovery and development. Additionally, trade blocs create economic barriers for LEDCs, exacerbating poverty and hindering progress.

What is one of the main reasons that people in less economically developed countries remain in poverty?

• Abundance of natural resources

• Access to advanced technology

• Lack of basic necessities like clean water and healthcare

• High levels of education

How do natural disasters affect the economic development of less economically developed countries?

• They increase the availability of resources

• They have no significant impact

• They divert funds from development to rebuilding

• They provide opportunities for new infrastructure

Why do less economically developed countries struggle to recover from natural disasters?

• They have abundant resources

• They lack the necessary infrastructure

• They receive too much international aid

• They have a surplus of skilled labor

What is a trade bloc?

• A group of countries that trade freely among themselves

• A single country with no trade partners

• A type of economic development project

• A barrier preventing all international trade

How do trade blocs affect less economically developed countries?

• They provide free access to all markets

• They impose tariffs and taxes on poorer countries

• They have no impact on trade

• They eliminate all trade barriers