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What are the assumptions of unbalanced growth?
Development cannot be initiated through one industry. Government recognize strategically significant areas to planned economy or subsidise as market economy some important industries along with backward and forward linkages.
Specified a decision to go for unbalanced growth the issue stay puts: what industries to develop? This is better to go for industries wherein the country has a comparative advantage. Clothing and textiles are the biggest manufacturing export for developing countries (DCs). They are labour intensive.
Explain foreign direct investment: 1. Identify and briefly explain three costs of foreign direct investment (FDI) for a country such as China (the home country) and two benef
In long-term project planning, this is wise to suppose that staff will be accessible for project work for less than 100 per cent of the total accessible time. What factors will dec
Advanced Technology, Inc., (ATI) is evaluating a contract proposal calling for it to build and test bearings using a newly patented surface configuration. ATI would receive $1.4 mi
#discuss the theory of costs in relation to business operations.you should identify different types of costs and explain how the supply curve is constructed for an organisation?
Evaluation of perfect competition arguing the effect on stakeholders, priorities and SR/LR
how managerial economics is applied in a firm?
hi
What are the characteristics of growth in developed countries? Simon Kuznets specified some characteristics for all DCs (developed countries) as illustrated below: • Gross
It is significant that the contracts between the main contractor and the customer and between the key contractor and subcontractors are back-to-back; what is meant by that term?
What are the restrictions of Lewis? The restrictions of Lewis: • Assumes complete employment in urban regions. Evidence recommend otherwise • Raised profits may be inves
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