developement gap - geography

developement gap - geography

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  • 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 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.
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