LEDCs and MEDCs

LEDC

‘Less economically developed country’ - characterized by factors such as low GDP per capita, limited access to education and healthcare, high levels of poverty, and underdeveloped infrastructure

LEDC example

Haiti

NEE

‘Newly emerging economy’ - used to describe countries that have experienced rapid economic growth and development in recent years, often transitioning from low-income to middle-income status. Are typically characterized by factors such as rapid industrialization, urbanization, and improvements in living standards.

NEE example

India (this may change so do your own research)

LEDC

‘Less economically developed country’ - countries that have lower levels of economic development compared to more economically developed countries.

LEDC example

UK, US