MEDC stands for More Economically Developed Country and LEDC stands for Less Economically Developed Country.

What is MEDCs and LEDCs?

MEDCs are countries which have a high standard of living and a large GDP . LEDCs are countries with a low standard of living and a much lower GDP.

Why are countries LEDCs?

LEDCs are the countries which produce many of the worlds raw materials. They then sell these raw materials to MEDCs for relatively low prices. The MEDCs then use the products to manufacture high value goods which they can sell for a great profit.