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What are the formal and informal sectors?
Formal and informal sectors:
Economic activities considered as to the government make up the formal sector of the economy. That economic activity, which undeclared makes up the informal or shadow sector of the economy are the informal sectors.
what are the types of technical economies?
what are the two economy of money?
What is the Lewis Model? The Lewis Model argues economic growth needs structural change into the economy whereby surplus labour within traditional agricultural sector along wit
What are the predictions of dependency theory? The predictions of dependency theory: • DCs exploit LDCs (Less Developed Countries) by extracting their surplus value. Surplu
Is agricultural price instability a problem for Less Developed Countries? Problem of agricultural price instability for LDCs: a. Several Less Developed Countries have a com
purely competitive firms increase total revenue by
Explain the mixed economy system. Mixed economy: Several resources are owned through the public sector (government) and several resources are owned through the private sector o
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
MBA Economics Assignment Question 1: Many analysts in both developed and developing worlds have heavily criticized the cases of monopolies. Discuss using relevant examples whether
How does culture influence the development process? Culture influences what is of value into a society and affects how individuals, communities and organisations react to modi
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