Low levels of productivity, Microeconomics

Low levels of productivity:

In addition to low standards of living, developing countries are characterized by relatively low levels of labour productivity. Throughout the developing world, levels of labour productivity (output per worker) are extremely low compared with those in developed countries. In crop production, rural small-scale farmers form the majority of the producers. Their productivity level is low due to the use of rudimentary tools (such as hoes, cutlasses and sticks) and simple and outmoded technology.

Posted Date: 1/3/2013 1:03:46 AM | Location : United States







Related Discussions:- Low levels of productivity, Assignment Help, Ask Question on Low levels of productivity, Get Answer, Expert's Help, Low levels of productivity Discussions

Write discussion on Low levels of productivity
Your posts are moderated
Related Questions
Gasoline Rationing - In the year 1974 and again in the year 1979, the government imposed price controls on gasoline. - This resulted in scarcity and gasoline was rationed.

what are the sources of monopoly power


Distinguish among the terms of trade and the balance of trade for a country. Definition of terms of trade a) The amount of a given amount of export goods essential to buy

discuss the implications of various market structures(competitive and non-competitive)for price determination

Is Indian companies running a risk by not giving attention to cost cutting

About four years ago, Kanye West performed at the UIC Pavilion. General admission tickets were priced at $30. Concert promoters say that price elasticity of demand for general admi

4) The prevention of major swings in economic activity can be handled most easily by the A. household sector B. business sector C. financial sector D. government sector Explain

CROP PATTERNS: Analysis of crop patterns in India should relate to the following aspects:  a) The relative significance of different crops/crop groups in the overall area u

Problem 1: (a) Critically examine the differences between the Neo-classical growth models and the endogenous growth theory. (b) Show the relevance of such models in explain