Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Microeconomics Expert

1) Describe how absolute per capita income gap between the rich and the poor nations might raise, even if per capita income is increasing faster in the DVCs rather than it is in the IACs.

2) describe the features of the developing nation?  Specify 2 basic avenues of economic growth accessible to such a nation.  Specify and describe the obstacles which face DVCs in breaking poverty barrier. Utilize the ‘vicious circle of poverty’ to underline in detail, the steps a DVC might make to begin the economic development.

3) Describe the following given statements:

a) ‘The path to the economic development has been evidently blazed by the American capitalism.  It is solely up to the DVCs to follow this particular trail.’

b) ‘The problem with DVCs is that income is too equally distributed.  Economic inequality encourages the saving, and saving is precondition of the investment.  Thus, greater inequality within the income distribution of DVCs could be a spur to the capital accumulation and growth.’

c) ‘The core of economic development includes altering the human beings more than it does changing a physical environment of nation.’

d) ‘The U.S. “foreign aid” program is a sham. In general it signify the neocolonialism—a means through which DVCs may be nominally free in the political sense however remain completely subservient in an economic sense.’

e) ‘The biggest obstacle that is faced by the poor nations in their quest for the development includes the lack of capital goods.”

4) Studies signify that, landlocked countries tend to have lower per capita income levels rather than surrounding nations that border on oceans and seas.  describe why do you think this is the case?  Use the Global Perspective 39-1 to recognize the major exception to this generalization.  Why do you think this exception is there?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M912131

Have any Question? 


Related Questions in Microeconomics

Question 1the document that lists and details the contents

Question 1 The document that lists and details the contents and conditions of a shipment is called: A. The Tariff B. Proof of Delivery C. The Invoice D. The Bill of Lading Question 2 Declining transport rates as the quan ...

Need someone to help with the belowthe theory of market

Need someone to help with the below The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of t ...

Article analysisplease choose an article from the wall

Article Analysis Please choose an article from the Wall Street Joumal, The Economist, Bureau of Labor/Statistics, Bureau of Economic Analysis etc... or any peer reviewed article for the UOP library. Select one subjects f ...

The purpose of an assignment is to ensure that the learner

The purpose of an assignment is to ensure that the Learner is able to: - Use methods of enquiry and research in a disciplined field. - Interpret and evaluate text. - Have a sound understanding of key principles and theor ...

Assignmentxyz company enters into a contract with mary to

Assignment XYZ Company enters into a contract with Mary to landscape Ben's yard, using None Nursery to supply trees and buses. Kate owns the lot next to Ben's property. The landscaping is a gift from Mary to Ben, who is ...

Assignmentwhat are the two distinguishing properties of a

Assignment What are the two distinguishing properties of a public good? Explain each in one or two sentences. Give an example of a public good different from any of the examples in your text or my notes. What is the "fre ...

Questionsexercisesseminar 11nbsp discuss what you

Questions/Exercises Seminar 1 1.  Discuss what you understand by the following: a) the law of demand b) the conditions of demand c) a demand curve d) a normal good e) an inferior good f) a Giffen good G) the law of suppl ...

Assignment discussion-applying balanced scorecardin many

Assignment: Discussion-Applying Balanced Scorecard In many cases, managers end up in trouble as they direct their focus exclusively on cost savings. Cost cutting is always emphasized, but other impacts, such as decreased ...

Question 1 a scatter diagram is useful to determine if a

Question 1. A scatter diagram is useful to determine if a relationship exists between two variables. True False Question 2. Consider the following gasoline data: Quarter 1, Year 1, Year 2 1, 150, 156 2, 140, 148 3, 185, ...

Topic minimum wage workers who actually are minimum wage

Topic: Minimum wage workers _ Who actually are minimum wage workers? _ What are the profites of raising minimum wage? _ What are the con's of raising minimum wage? _ What in your opinion should we do about minimum wage?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro