Characteristics of LDCs Flashcards
1
Q
Low income
A
Less that $800 GDP sveraged over a 3 year period
2
Q
Human resource weakness
A
Based on health, nutrition, literacy and school enrolment
3
Q
Economic vunerability
A
low levels of economic diversification (share of labour force in manufacturing)
4
Q
Political issues
A
Suffer from ongoing conflict (Afghanistan), lack of political and social stability and governements that are dictatorships
5
Q
How many people were estimated to live on less that $1 a day?
A
250 million (estimated in 2005)
