Q: Why must we alter our standard of development and consumption to that "de-development"?
A: The notion is that affluent countries should reduce their consumption to allow impoverished…
Q: Explain 8 features of a developing country. c. Explain 5 challenges associated with economic…
A: The large set of activities of production and consumption being inter-related which help to aid in…
Q: Why does not more capital flow from rich countries to poor countries?
A: The movement of funds employed for productive economic purposes is referred to as capital flow. It…
Q: In what way do the Sustainable Development Goals differ from the Millennium Development Goals?…
A: Sustainable development means development without compromising with the needs of the future. This…
Q: Having both table as a reference answer both questions a. Is there a better way to classify a…
A: Yes, there is a better way to classify a country other than the use of GDP and per capita as these…
Q: Explain the term economic development and how is economic development measured?
A: As wants and desires of the individuals in the economy are unlimited but resources possessed by an…
Q: According to Steger, the nation-state lost its role as a meaningful unit of participation in the…
A: The job of the country state in a worldwide world is generally an administrative one as the main…
Q: What is investment? What is the role of investment in a country’s economic development?
A: In an economy, the primary economic activities are considered as consumption and production.
Q: How does the economy grow up without development? – Explain.
A: Economic and social development is the process by which a nation, region, local community, or…
Q: Discuss the following Millennium Development Goasl (MDGs) and their achievement with respect to…
A: Major policy documents like the PRSPs had a significant focus on poverty, with Goal 1 in…
Q: What is the difference between a development goal from sustainable development goal?
A: The UN Millennium Development Goals (MDGs) are 8 goals that its member states have agreed to achieve…
Q: In what way, may a population become a hindrance for development? Expal
A: For the following reasons, population can be a limiting factor in economic development:
Q: what are 2 main factors of economic growth according to the PPF
A: Production possibility frontier (PPF) depicts the combinations of two goods that an economy can…
Q: Draw a production possibilities frontier for a country that produces two goods: capital goods and…
A: (PPF) Frontier of Production Possibilities The production possibility frontier is a graphical…
Q: As explained by the economists, economic development and economic growth are the same. TRUE OR…
A: When comparing one period to the next, economic growth is defined as a rise in the production of…
Q: how does political stability affecting the development and growth?
A: Political stability in country play a important role in development of economic it involves several…
Q: Are capital and finance within the US a significant component of development?
A: Capital and finance are very important for U.S economic development. With greater amount of capital…
Q: How would Pakistan can achieve the development in the agricultural sector. Enlist and explain…
A: Drivers of development are investment,innovation,technology,capital,entrepereneurship etc. These…
Q: Has the world progressed in terms of economic development? Give the indicators of economic…
A: The world progressed in past years in terms of economic activity. and there are many indicators that…
Q: Why is the economy a significant driver of development? How does this happen?
A: The economy consists of the combination of all the activities that take place in a country, for…
Q: Explain globalization and sustainable development.
A: A model for economic development provides a framework to analyze the factors that influence the…
Q: the sp
A: Emerging markets depict economies which tend to exist between the stages of developing and being…
Q: What have been the ingredients for economic growth and development that China and India share?…
A: The economic growth level of a country is the level of GDP growth in the country. The level of GDP…
Q: Give two examples of sustainable development in the caribbean
A: Sustainable development: Sustainable development can be defined as planned developmental activities…
Q: What is economic development? How should it be measured?
A: The two or more economies can be compared with each other to know which economy is better in terms…
Q: Justify the importance of trade blocs for regional economic growth.
A: Economic growth is the process of raising the value of the economy's ultimate goods and services.…
Q: explain how economic growth is measured and with the aid of a diagram, discuss how a PPF may be used…
A: Economic growth of a country is a quantitative measurement of its economic strength. Though there…
Q: About the Sustainable Development Goal 17 (SDG17), what actions can we take as individuals,…
A: Sustainable Development Goal 17 (SDG 17 or Global Goal 17) can be defined as which is all about…
Q: What is keenness to consume in economic development?
A: Consumption is distinct from consumption expenditure, that is that the purchase of product and…
Q: What are the benefits of mineral resources to the economic development
A: The growth and the development are the two aspects of the economic development. The economic…
Q: In your own opinion, how do you think measuring economic development can empower a country's people.
A: The economic development of a country can be measured in terms of its national per capita income,…
Q: What is economic development? Explain its nature and importance.
A: Economic growth can be defined as an increase in output through increase in factors of production…
Q: correlation between culture and development
A: Culture is a way of life practised as a daily routine.
Q: compare and contrast the stages of Economic Development by Renee O’Farrel and Dr. Roger Allen
A: Economic development refers to a rise in the wealth of a nation that give rise to a better standard…
Q: What is the term that is used by the World Bank to rank Economic Development for the various…
A: Introduction Economic development is the growth of the standard of living of a nation’s people from…
Q: How does geography impact economic development??
A: Geographical factors include the level of natural resources in a nation and hence can influence the…
Q: Why people are the real products of economic development?
A: Economic development involves the rise in real per capita output and income. Its central point is to…
Q: discuss the challenges of using a growth pole strategy to design a development plan?
A: Growth poles are comprised of multiple simultaneous investments being coordinated through out many…
Q: What are your measures to sustain economic development?
A: In an economy, sustainable economic development refers to maintaining the economic growth and…
Q: How does conflict, controveries and opportunities affect the economic development.
A: The social compact falls broken when the economy stagnates or declines, and governmental services…
Q: Does an open economy have better impact than closed economy? How? In what aspects? 250 words
A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…
Q: Discuss the three core values of economic development.
A: Economic development is the concept that is beyond the measurement of income level only as it…
Q: how do you think measuring economic development can empower a country's people.
A: Economic growth helps to create higher tax revenue and such revenue is used for different type of…
Q: List 2 countries from each category; least developed and developing countries and compare and…
A: A domain in which items and services are produced, distributed, traded, and consumed by diverse…
Q: Discuss How is Economic Development related to human rights issues.
A: Human rights implies freedom of rights which again implies equal access to education and health that…
Q: Give the point of view of Marx and Engels on economic development. Explain the pros and cons.
A: Capitalism refers to a market system in which capital is owned by private producers.
- How would the different areas of the world react to the idea of "re-development"?
Step by step
Solved in 2 steps
- What is economic development? Explain its nature and importance.Do you believe the global village concept has been realized? If you do, why? If you don’t, given the nature of developments in the world today, do you have an idea of when we might see the fruition of the global village concept?How does geography impact economic development??
- Why people are the real products of economic development?How did economic globalization and sustainable development play a significant role in the society?What is the difference between the economic development and preserving traditions and cultures (tends to be a casualty of development)? Which would serve the greatest good?
- How scarcity helps in country growth?Draw a production possibilities frontier for a country that produces two goods: capital goods and consumption goods. Show a point of production that will allow a country to achieve the maximum amount of future growth while still producing a small amount of consumption goods.Why must we alter our standard of development and consumption to that "de-development"?
