Definition of Ledc
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Ledc Definition from Encyclopedia Dictionaries & Glossaries
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A developing country, also called a less-developed country, also known as "LDC", is a nation with a lower living standard, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries. There is no universal, agreed-upon criterion for what makes a country developing versus developed and which countries fit these two categories, although there are general reference points such as a nation's GDP per capita compared to other nations. Also, the general term less-developed country should not be confused with the specific least developed country.
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