1. Single Product Economies – many LEDCs are over dependent on one principal export
   a) When the price is high their economy does well but if the price drops  there is a crisis. Rearrange these words to show problems that can cause a product price to crash:

i) vero ppusly: = ………     ……..       - too much of the product is on the world market

ii) letha cares = ………… ………… - rumour that the product causes a problem e.g. obesity

iii) wen cethongoyl = ……….. ……………………… - the product is replaced by a more modern material.

b) These countries are dependent on one product:

i)                    …………………………. Cocoa 80% of income

ii)                  …………………………. Oil 99% of income

iii)                …………………………. Bananas 76% of income

iv)                 …………………………. Sugar cane 77% of income

v)                   …………………………. Copper 87% of income

Traditionally our trade was mainly with ………………………………… countries.

Now 58% of trade is with our trading bloc partners of the ………………….. …………