Which of the following problems do LDCs face? a. Low per capita income and high GDP growth rate b. Low population growth and low per capita income c. Rapid population growth and low human capital d. Low per capita income and high saving rate

Short Answer

Expert verified
The short answer is: LDCs face problems such as rapid population growth and low human capital, making option c the correct choice.

Step by step solution

01

Understand LDC Characteristics

To solve this problem, it is important to understand the characteristics of Less Developed Countries (LDCs), such as low per capita income, rapid population growth, low human capital, and low saving rate.
02

Evaluate Each Option

Let's evaluate each option based on this understanding of LDCs: a. Low per capita income and high GDP growth rate: LDCs typically have low per capita incomes, but high GDP growth rate is not a common problem faced by these countries. So, this option is incorrect. b. Low population growth and low per capita income: LDCs do have low per capita income, but they usually face rapid population growth rather than low population growth. This option is incorrect. c. Rapid population growth and low human capital: This option correctly describes two problems faced by LDCs. They have rapid population growth, which puts pressure on resources, and low human capital, which hampers development and growth. So, this option is correct. d. Low per capita income and high saving rate: While LDCs do have low per capita income, they typically have low saving rates, not high saving rates. This option is incorrect.
03

Identify the Correct Option

Based on the evaluation of each option, the correct answer is: c. Rapid population growth and low human capital

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