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

Course projectthis course project is designed for you to

Course project This course project is designed for you to learn more about the lodging industry while having some fun at the same time. Your assignment is to design and to develop your own hotel. The following criteria n ...

Assignmentwhen completing the las in the weekly discussions

Assignment When completing the LAs in the Weekly Discussions please follow these directions and format: In your narrative response to the LAs, start out by first clearly identifying, defining and explaining the managemen ...

Assignmentyou are hired at a manufacturing plant in texas

Assignment You are hired at a manufacturing plant in Texas as an assistant plant manager. You have over ten years of experience in manufacturing and have a Bachelors in Business and a Master in Business Administration. T ...

Problemdescribe some interaction your company has with

Problem Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or down-stream customers), or between internal divisions within your firm ...

Economicsthe theory of market economies emphasizes freedom

Economics 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 the market economy to corre ...

Assignmentwhat are the foundations of a comprehensive job

Assignment What are the foundations of a comprehensive Job Analysis? How do organizations utilize a Job Analysis Questionnaire? Does research support that a job analysis leads to an effective job description? Opine on ho ...

Assignmentbusinesses use information from the external

Assignment Businesses use information from the external environment to make decisions all the time. As consumers, we notice these changes but don't recognize the reasoning behind the choices. For this assignment, you wil ...

Assignmentevery one is different so too are project

Assignment Every one is different, so too are project managers. Each has their own style and personality. The 'human' traits of a project manager are most apparent during the monitoring and controlling phase of the proje ...

Technological advancement for firms- econin consideration

Technological Advancement for Firms- ECON In consideration of the arguments made by Chandler, Enduring Logic of Industrial Success, answer this question: • What role will technological advancement play in the future evol ...

Part awe have discussed several examples of constrained

Part A: We have discussed several examples of constrained utility maximisation in lectures and in classes. For example, we have learned how to find the optimal bundle of goods consumed by an individual trying to maximise ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate