Common characteristics of LEDC
- Low levels of living.
- Low productivity.
- High population growth
- Dependence on agriculture and primary exports.
- Imperfect markets and incomplete information.
- Dependence and vulnerability in international relations.
- "Chapter 2: Diverse Structures and Common Characteristics of Developing Nations." Chapter 2: Diverse Structures and Common Characteristics of Developing Nations. Web. 5 Nov. 2014. .