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English definition of “less-developed country”

less-developed country

noun [C]
( abbreviation LDC) ECONOMICS
a country that does not have a lot of industrial activity and where people have low incomes: Governments in less developed countries realize that telecommunications access is one of the fastest engines of economic growth. →  Compare developed country , developing country
(Definition of less-developed country from the Cambridge Business English Dictionary © Cambridge University Press)
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