Examples of Least Industrialized Countries in the following topics:
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- The world's least industrialized countries have low income, few human resources, and are economically vulnerable.
- The Pacific island country of Samoa illustrates the distinction between least industrialized countries that receive international aid from the UN and industrializing countries that do not necessarily receive significant assistance from the UN.
- To be considered a least industrialized country, or least developed country (LDC) as they are commonly called, a country must have a small economy and low standards of living .
- Global Humanitarian Forum Discussion of Special Needs of Least Industrialized Countries
- Countries in the 1–10,000 international dollar range roughly correspond to least industrialized countries.
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- Industrializing countries have low standards of living, undeveloped industry, and low Human Development Indices (HDIs).
- An industrializing country, also commonly referred to as a developing country or a less-developed country, is a nation with a low standard of living, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries.
- Industrializing countries have HDIs between the most and least industrialized countries in the world .
- For example, India is considered a industrializing country.
- Explain why some scholars use the term 'less-developed country' instead of 'industrializing country'
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- Industrialization has contributed to the growth of the older age population due to the technological advances that have come with it.
- Most Western countries industrialized by the nineteenth century but the Industrial Revolution is still occurring around the world.
- Industrialized countries are defined by measures of economic growth and security.
- Countries that score poorly on these scales are considered to be non-industrialized, though it should be noted that non-industrialized countries are undergoing the process of industrialization.
- Industrialization brings money into an economy.
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- Industrialized countries have greater levels of wealth and economic development than less-industrialized countries.
- An industrialized country, also commonly referred to as a developed country, is a sovereign state with a highly developed economy relative to other nations.
- The criteria to use and the countries to classify as developed are contentious issues, as discussed below.
- In terms of global stratification, industrialized countries are at the top of the global hierarchy.
- The Human Development Index, along with the entire concept of "developing" and "developed" countries, has been criticized on a number of grounds.
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- Industrial sociology examines the effects of industrial organization on workers, and the conflicts that can result.
- An example of a labor union is the American Federation of Labor and Congress of Industrial Organization (AFL-CIO), whose constituent unions represent most American workers.
- An example of a craft union was the American Federation of Labor before it merged with the Congress of Industrial Organization.
- Originating in Europe, trade unions became popular in many countries during the Industrial Revolution, when the lack of skill necessary to perform most jobs shifted employment bargaining power almost completely to the employers' side, causing many workers to be mistreated and underpaid.
- In some countries, unions are closely aligned with political parties.
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- It has been argued that high rates of education are essential for countries to be able to achieve high levels of economic growth.
- In developing countries, the number and seriousness of the problems faced is naturally greater.
- Empirical analyses tend to support the theoretical prediction that poor countries should grow faster than rich countries because they can adopt cutting edge technologies already tried and tested by rich countries.
- The reasons usually include two aspects which respectively come from countries and individuals.
- The brain drain is often associated with de-skilling of emigrants in their country of destination, while their country of emigration experiences the draining of skilled individuals.
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- These processes may be considered the phase of technological innovation following the Industrial Revolution, which some have labeled the Information Revolution.
- Modernization through technological innovation is seen by modernization theorists as a key way that poor countries can "catch up" to the developed world.
- This can lead to ethnocentric bias and prejudice against poorer countries who do not develop the new technologies that higher income countries do.
- Another flaw with modernization theory is its failure to recognize that if poorer countries adopt the technologies of higher-income countries, this may foster dependence.
- Poorer countries will rely on higher-income countries for support and guidance, thus widening (rather than narrowing) the power differential.
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- Globally, most countries are seeing the average life expectancy of their populations increase.
- However, the rate at which the world's population is aging is not uniform across countries, and some countries have actually seen decreasing life expectancies, largely as a result of AIDS.
- The least developed countries are also the youngest countries as life expectancies are substantially lower.
- More developed countries have older populations as their citizens live longer.
- Less developed countries have much younger populations.
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- For instance, in Australia, the vast semi-arid areas in the interior of the country contain pastoral runs called sheep stations.
- In addition to the emergence of farming in the Fertile Crescent, agriculture appeared by at least 6,800 B.C.E. in East Asia (rice) and, later, in Central and South America (maize and squash).
- When capitalised, The Industrial Revolution refers to the first known industrial revolution, which took place in Europe during the 18th and 19th centuries.
- What is some times referred to as The Second Industrial Revolution describes later, somewhat less dramatic changes resulting from the widespread availability of electric power and the internal-combustion engine.
- This has also resulted in a transition in most highly developed countries into a post-industrial or service-oriented economy.
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- Specific types of migrants can include colonizers (who forcefully enter into a country or territory), refugees (who are forced to flee their country), and temporary migrants (who travel to a new place temporarily, such as business travelers, tourists, or seasonal farm workers).
- Some countries, including the United States, allow special permits for seasonal agricultural workers to temporarily work in the country without granting full citizenship rights.
- Industrialization also sparked transnational labor migration that has further swelled urban populations.
- These remittances can also have a broader effect on the economy of the receiving country as a whole as they bring in capital.
- Trade with one country, which causes economic decline in another, may create incentives to migrate to a country with a more vibrant economy.