MEDC & LEDC ... not only a label

Human development index is the measure of the "well-being" of a country. It is based in factors like:

• Life expectancy
• Life quality
• Education
• GDP per capita

With this factors an evaluation is done to the country and it can be classified in one of 2 options:

MEDC (more economically developed countries):

• Industrialized nations with high GDP
• Relatively rich population
• High level of resource use per capita
• Relatively low population growth rates

LEDC  (less economically developed countries):

• Less industrialized or have none at all
• May have plenty of natural capital but usually is exported and processed in MEDC's
• Lower GDP and high poverty rates
• Large population sectors with low standard of living
• High population growth rates