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What are Less Developed Countries (LDCs)?
Less Developed Countries:
Developing countries are frequently considered to as less developed countries. The World Bank categorizes all countries into the low or middle income group (that is GNP per capita of less than 6,000 dollar) like LDCs.
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Do all developing economies have same underlying problems? Less developed countries are similar but exceptional. The impact of a problem will vary depending upon circumstances
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Assume Mr. Robinson deposits pounds 600 in currency at a bank. Later that day Ms. Volker borrows pounds 1200 from the similar bank. The money supply will have enhanced by pounds 60
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What are the traditional, modern sectors and rural-urban migration? Rural-urban migration: Rural-urban migration is the movement of labour through the countryside to cities
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