Definition of
LDC
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1.
abbrpoorer country with limited economic development less developed country: a country whose economic development is held back by the lack of natural resources to produce goods demanded on world markets.
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2.
abbrvery poor country with little economic development least developed country: a country that is not economically advanced, especially a country that borrowed heavily from commercial banks in the 1970s and 1980s to finance its industrial development, and so helped to create an international debt crisis.
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