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To what extent is primary product dependency the

most significant constraint on economic
development (25 marks)

User DMGregory
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7.7k points

1 Answer

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Answer: Primary product dependency is a large constraint on economic growth and development within LEDCs due to the fact that commodities and their producers are highly susceptible to price fluctuations.

Step-by-step explanation:

Primary product dependency discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute to a lack of investment in other aspects such as education and industrial production.

User John De Largentaye
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