What are the different forms of aid given by more economically :: Economics

What are the unlike forms of sanction given by more economically developed countries (MEDCs) to slight economically developed countries (LEDCs)? Explain how useful the financial aid is and evaluate wherefore some aid is more successful than other aid.What are the incompatible forms of aid given by more economicallydeveloped countries (MEDCs) to slight economically developed countries(LEDCs)?Explain how useful the aid is and evaluate why some aid is moresuccessful than other aid.Hafiza Bhabha 11 JT=================== embolden many less developed countries (LEDCs) rely on aid. In the Oxford dictionary aid is defined as,---------------------------------------------------------------------Something that sponsors, money, food, etc.----------------------------------------Sent to another estate to help it------------------------------------Aid is not only given by countries (governments) but is alike given byorganisations which help a certain place or fund a certain project, much(p renominal) as Oxfam who helps those children in Africa. The existent purpose ofgiving aid is to help those countries that need to develop their saving so that they can improve their standard of living and qualityof living. At times giving and receiving aid is complex, as it may not do good the country, as it could be unsuccessful.Many ontogenesis countries need aid because they may have large andincreasing trade debts, unfortunately they need to seize money fromMEDCs, however, sometimes by doing this, they fall into bigger, moredangerous debts. new(prenominal) issues such as earthquakes, volcanoes, etc, in any case lead countries to borrow more money. This aid is usually onlyneeded for a short period of time. short-term aid is aid, which isgiven immediately and is only needed for a gloomy amount of time. Thisis utilise with natural disasters and wars etc. Long-term aid is also adifferent type of giving. This is more useful to a developing countryas there is always money, tech nology and other aid coming in.The aim of this coursework is to investigate what the different typesof aids are and also whether they are successful or unsuccessful. Inthis coursework I have used secondary information. This is basicallyinformation that has already been collected. I have researched a lotfrom the town library, school library, magazines, Internet and manyschool textbooks. at that place are three main categories of aid, which is given by MEDCs toLEDCs and they are symmetrical AidThis aid is between two different countries.Help is given at a time by a rich donor country to the recipientcountry (The New Wider World- shoal Textbook)the reason why the word given is in quotation attach s simply becausethere are usually conditions attached to the aid, such as the countrymay not allow the other country to trade with anyone else.