What factor contributes significantly to the high levels of poverty in LEDCs?

Boost your GCSE Religious Studies exam success. Study with insightful questions and detailed explanations. Prepare effectively for optimal results!

Unfair trade practices are a significant contributing factor to the high levels of poverty in Less Economically Developed Countries (LEDCs) because they create an imbalanced economic environment. In many cases, LEDCs have limited access to markets and face barriers that prevent them from competing fairly on a global scale. These unfair practices can include tariffs, subsidies for agricultural products in wealthier nations, and stringent regulations that hinder the exports from these developing nations. As a result, LEDCs may struggle to develop their economies or improve the living conditions of their populations.

In contrast, high levels of education typically correlate with reduced poverty levels, as education can enhance job prospects and income. Low birth rates often indicate better living standards and can contribute to economic stability rather than poverty. Lastly, advanced technology use is generally associated with economic development rather than poverty; LEDCs may lack access to such technology, further deepening their challenges rather than causing poverty directly. Thus, unfair trade practices directly impact the economic viability of LEDCs, contributing to their ongoing poverty issues.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy