Explain why there is a need for World Development

Certain factors hinder progress in 3rd world countries development, such as lack of education, although this may not sound as bad as hunger disease and homelessness it can be the root of these and many other problems. There are many reasons why some countries cannot have easily available education; it could be due to damage from wars, or just the cost for the country or the parents who have to pay for their child's or their own education.

These are two major examples where lack of education is a big problem in third world countries: in Bosnia the three main universities have all been destroyed, this costs peoples jobs and these jobs may have been nurses, doctors, teachers and other key careers; in Pakistan there is a literacy rate of less than 20% this means instead of children going to school they are forced into child labour from a young age and never receive any proper education.

Another common problem for third world countries is debt. Most LEDCs are in huge debt, the most common reason for this is after 1970 Western banks loaned money to countries for major development projects but many of these fails leaving the countries unable to pay back loans. These debts keep growing even now as less developed countries use soft currencies which means the value is ever changing, when the value is low they have to pay more of their currency to match western hard currencies, this often leaves countries falling behind on payments and further worsening debt.

Sometimes even when loans are paid back they have repercussions on the people inhabiting the indebted country. This is because the money for paying the loans is took out of healthcare, education, and food budgets.

In third world countries census and population data is not often reliable due to illiteracy and rates of homelessness, the unreliability of population data has knock on effects as government budgets on food, education and healthcare are based on residents in an area.

Many farmers in LEDCs grow cash crops as a form of income, they grow things like coffee, tea, tobacco and cotton, and foreign wholesalers buy them. For their work they are underpaid and have to work hard all year round. If crops aren't up to standards due to weather or any other reason farmers are not insured, buyers can back out or negotiate a new amount to pay, farmers often have to go hungry as they sacrifice their own crop space to grow more cash crops.

Wars cause great damage to any country, but LECDs are constantly living in the damage from external and civil war. These wars destroy crops, homes, hospitals and schools. Somalia was damaged greatly from 10 years of civil war, there is now few schools and hospitals, overall Somalian poverty has been greatly increased.

40 out of 50 of the fastest growing LEDCs are located in known earthquake danger zones, and 10 million of the people in LEDCs are in constant threat of floods. These natural disasters ruin crops and housing, sometimes even whole villages! Financially natural disasters are a greater threat to LEDCs than MEDCs as they leave damage costing around 20 times more than MEDCs, this is due to technology and prevention methods. People living in poverty have nothing to fall back on when badly struck by droughts, floods earthquakes and other natural disasters,