ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which continent has the greatest number of least-developed countries?
A
Asia
B
Africa
C
Europe
D
South America
Explanation: 

Detailed explanation-1: -Since 1971 when the least developed countries (LDCs) category was created by the UN, sub-Saharan African countries have dominated the list. Four decades later, with 33 members (only 14 of the region’s 47 countries are not LDCs), sub-Saharan Africa still maintains the biggest regional presence in the group.

Detailed explanation-2: -There are currently 46 LDC countries, the majority of which are located in Africa, and to a lesser extent, South America and Asia/Oceania.

Detailed explanation-3: -Africa remains the most underdeveloped among the comity of continents across the world. It contains over 70% of the least developed countries (LDCs) in the world.

Detailed explanation-4: -There are 33 countries that are classified as least developed countries in Africa, nine in Asia, three in Oceania, and one in the Americas.

Detailed explanation-5: -As of the 2021/22 HDI, only one of Africa’s 54 countries, Mauritius, is considered to have “very high human development.” On the bright side, eight African countries have “high human development", and could reach the Very High plateau soon.

There is 1 question to complete.