Is dependency a problem in Less Developed Countries?

Problem: DCs exploit Less Developed Countries by extracting their surplus value. This value becomes the difference among the values of what an LDC produces and what this is paid to produce such by a DC.

Free trade and transnational foreign direct investment warps the entire economics and social structure of LDCs that become geared to meeting the needs of DCs for example export, orientated industries.

Posted Date: 8/29/2013 7:10:15 AM | Location : United States

Ask an Expert

Related Discussions:- Is dependency a problem in less developed countries, Assignment Help, Ask Question on Is dependency a problem in less developed countries, Get Answer, Expert's Help, Is dependency a problem in less developed countries Discussions

Write discussion on Is dependency a problem in less developed countries
Your posts are moderated

Write your message here..

Related Questions

Do policies that work in one country always work in another, Do policies th... Do policies that work in one country always work in another? Less developed countries are similar but diverse in terms of history, institutions, culture and governance and man

Evaluating projects incrementally, Ask What is the meaning of evaluating pr... Ask What is the meaning of evaluating projects incrementallyquestion #Minimum 100 words accepted#

Wheeled coach, What is an alternative process strategy to the assembly line... What is an alternative process strategy to the assembly line that Wheeled Coach currently uses?

What are the limits of national income statistics, What are the limits of n... What are the limits of national income (NY) statistics in measuring development within a country? National income statistics simply show changes in GDP (Gross Domestic Product)

Discounincipals ting pr, uses of discounting principals uses of discounting principals

Economics, Ask question #Minimum 1000words accepted# Ask question #Minimum 1000words accepted#

Q, You have an opportunity to invest in a new plant. The fixed costs are $1... You have an opportunity to invest in a new plant. The fixed costs are $100,000 per year. The marginal cost of production is $2 for a quantity up to 10,000 units per year. The margi

Ethics command of economics, what is the ethics of command economics? what is the ethics of command economics?

How you would analyse the data using spss, This assignment focuses on the a... This assignment focuses on the analysis of data within the research design process. Essentially there are two parts to it: The first part will be an analysis of numerical da

Deductive and inductive methods , meaning of deductive and inductive method... meaning of deductive and inductive method.