developement gap - geography
back in the 1900's many eauropean countries begain to colonise countrys so that they could gain power.
they would go to these LEDC's and take their raw materials so they could turn them into finished goods which they could sell.
the goods they would take would be things like diamonds, gold and other valuable resources this left the LEDC with very little material wealth.
after they had finshed refurbishing the goods they would then sell them back to the LEDC.so then the large multinational companies profit
the colonisers eventually left, but when they did they left the country with very little industy, and so they couldtn fully recover
also because the native people didn't have much education, or skill it left their leaders in a vicious cycle of loaning money of the MEDC's and not being able to pay them back.
Explore Our Articles and Examples