Question

Why is Brazil considered an LEDC? very confused on this one :)

Answer 1

Answer:

Brazil is underdeveloped because its economy failed to grow or grew too slowly for most of its history. ... At the time of independence (1822) Brazil had one of the least productive economies in the western hemisphere, with a per capita GDP lower than any other New World colony for which we have estimates.Brazil is considered an LEDC country.MEDC is an acronym standing for More Economically Developed Country, and an LEDC refers to a Less Economically Developed Country. Various characteristics of a country, like its birth rates, education, GDP, death rates, and development are considered in order to determine that country's economic development.