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Why is Ghana a Less economic developed country?

Anonymous

∙ 14y ago

Updated: 10/17/2022

Ghana is a less economical developed country,to measure development in a country you measure the 6 main factors: 1 The population 2 The life expectancy 3 Gdp per capita 4 The litracy rate 5 The amount of doctors 6 The agricultural workers Ghana has a low life expectancy,low gpd,low litracy rate,not alot of doctors and high agricultural workers.Therefore is less developed.

Wiki User

∙ 14y ago

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It has lower birthrate, lower literacy rates and lower standard of living than Western countries

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∙ 16y ago

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Q: Why is Ghana a Less economic developed country?

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What is a less economic developed country?

An LEDC is a less economically developed country, or a country with a low level of economical development. Indicators of this can include high infant mortality rate, low literacy rate, and a low GDP (per capita) Examples of LEDCs are Jamaica, Ghana, Rwanda etc

Why are economic indicators low with a less developed country?

I think that its low because the country is not fully developed.

What two methods can a less developed country used to finance its economic development?

The two methods that a less developed country can use to finance its economic development include borrowing from the World Bank, and agriculture. One method less developed countries can use to finance economic development is internal financing. Another method is foreign investment.

Why Ghana is a less developed country?

Ghana is less developed because of the low production capacity of its exports and its over reliance on donor funds. most of the internally generated revenue in Ghana is channelled towards payment of salaries. capital projects are mostlly financed by Aids/ Loans/ and donor funds.sbsalah

Is Chile a more developed country or less developed country?

more developed country.

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Related Questions

Is Ghana developed at this moment?

Ghana is at this current point in time an LEDC (less economically developed country) so it is not that developed, no.

Is Ghana a less developed economy?

Ghana is considered a third world country, so compared to the United States of America it is less developed.

What does ledc stand for?

what does LEDC stand for?Less economy developed country

What is a less economic developed country?

An LEDC is a less economically developed country, or a country with a low level of economical development. Indicators of this can include high infant mortality rate, low literacy rate, and a low GDP (per capita) Examples of LEDCs are Jamaica, Ghana, Rwanda etc

Why are economic indicators low with a less developed country?

I think that its low because the country is not fully developed.

Is Iran a less economic developed country?

It is listed under Less Developed Countries at the Related Link below.

Why do you think some people are rich and some are poor explain?

it depends on whether they are in a more economic developed country (MEDC) or a less economic developed country (LEDC)

What is less economically developed country?

A Less Economic Developed Country (LEDC) is a country that is in poverty with little if no resources such as the African countries and Brazil although many of these countries do have rich areas. Hope this helps

What two methods can less developed country use to finance its economic development?

There two methods that less developed country can use to finance its economic development. The two are borrowing from other countries and collecting taxes from citizens.

What two methods can a less developed country used to finance its economic development?

The two methods that a less developed country can use to finance its economic development include borrowing from the World Bank, and agriculture. One method less developed countries can use to finance economic development is internal financing. Another method is foreign investment.

Why Ghana is a less developed country?

Ghana is less developed because of the low production capacity of its exports and its over reliance on donor funds. most of the internally generated revenue in Ghana is channelled towards payment of salaries. capital projects are mostlly financed by Aids/ Loans/ and donor funds.sbsalah

What country is less develop?

A Less Economic Developed Country (LEDC) is a country that is in poverty with little if no resources such as the African countries and Brazil although many of these countries do have rich areas. Hope this helps

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