What are the impacts of increasing manufacturing production in LEDCs?

Answer 1

The goods that are sold in the MEDCs are sold for a cheaper price.The worker's wage is less than in an MEDC, so the overall price of the item is reduced. Also the company designing the item gets a higher profit, because the cost of producing the item is less than in an MEDC.

Answer 2

Suggest you spell it out in future ... general web search suggests EDC = Economic Development Corporation, however the 'L' most common 'hit = London (we also have Liverpool, Livingston, Louisiana, Latah, Latino and many others... )

Main impact ?

Well Companies get Tax incentives etc. to set-up in EDC so jobs are transferred from current Mfg. location to new, and the transport routes have to change.

Over all impact ?

Wages in high mfg. cost areas are reduced or held static whilst wages in EDC area increase. Company profits and shareholder payouts increase short term (i.e. until rivals also move to EDC).

Overall a bit like Telephone Call Centres ...