MEDCs

The video discusses the disparity between more economically developed countries (MEDCs) and less economically developed countries (LEDCs). It highlights the differences in living standards, access to resources, and economic focus. MEDCs enjoy high living standards, access to education, and disposable income, while LEDCs face challenges due to poor living conditions and limited industrial development. The video also explores how MEDCs focus on secondary industries and trade, which helps sustain their wealth, while LEDCs remain in a cycle of poverty.

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