ECONOMICS
ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A nation that has a low level of material well-being is known as ____
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Developed Nation
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Less Developed Country
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First World Country
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Highly Developed Nation
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Explanation:
Detailed explanation-1: -Least developed countries (LDCs) are low-income countries confronting severe structural impediments to sustainable development. They are highly vulnerable to economic and environmental shocks and have low levels of human assets.
Detailed explanation-2: -a country that is less developed economically than most others, with little industry and little money spent on education, health care, etc.: The money is earmarked for shares of companies in underdeveloped countries.
Detailed explanation-3: -Afghanistan. Angola. Bangladesh. Benin. Bhutan. Burkina Faso. Burundi. Cambodia. More items
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