Scribd Logo
Upload

Welcome to Scribd!

  • Tigas Gerwin A Contemporary World

    Uploaded by

    Gerwin Tigas
    11 views1 page
    The document summarizes key differences between more economically developed countries (MEDC) and less economically developed countries (LEDC). MEDCs have more stable economies and changing internal conditions that lead to higher standards of living, while LEDCs have more rural economies with less manufacturing and services that make them vulnerable to natural disasters destroying crops. The human development index (HDI) aims to shift focus from economic statistics to human consequences to influence decision-makers and aid organizations.

    Original Description:

    Original Title

    Tigas Gerwin A contemporary world

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document summarizes key differences between more economically developed countries (MEDC) and less economically developed countries (LEDC). MEDCs have more stable economies and changing internal conditions that lead to higher standards of living, while LEDCs have more rural economies with less manufacturing and services that make them vulnerable to natural disasters destroying crops. The human development index (HDI) aims to shift focus from economic statistics to human consequences to influence decision-makers and aid organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    11 views1 page

    Tigas Gerwin A Contemporary World

    Uploaded by

    Gerwin Tigas
    The document summarizes key differences between more economically developed countries (MEDC) and less economically developed countries (LEDC). MEDCs have more stable economies and changing internal conditions that lead to higher standards of living, while LEDCs have more rural economies with less manufacturing and services that make them vulnerable to natural disasters destroying crops. The human development index (HDI) aims to shift focus from economic statistics to human consequences to influence decision-makers and aid organizations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Tigas Gerwin A.

    BFA Painting 3

    ASSIGNMENT

    1. Why are countries in the North considered more developed countries (MEDC)?
    Because to the stability of their economies and the changes taking place inside them, the
    nations are regarded as MEDC. The standard of living and quality of life are often higher in
    MEDC nations.
    2. Why are countries in the Sputh considered less economy developmed countries (LEDC)
    Secondary sectors (like manufacturing) and service industries (like banking) are substantially less
    prevalent in those nations due to their rural economies. Natural catastrophes like droughts or
    floods, which can destroy an entire year's worth of crops, frequently have an impact on the
    economy of LEDCs.
    3. What is the main purpose/function of the human development index (HDI)?
    The HDI is used to divert attention away from the conventional economic statistics and onto
    human consequences among decision-makers, the media, and humanitarian organizations.

    You might also like