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What are the characteristics of developed countries applied to Less Developed Countries?
Some of Kuznets' characteristics of a DC (developed countries) can be applied to LDCs (Less Developed Countries) to describe underdevelopment caused by a lack of as:
• Productivity development;
• Structural transformation;
• International trade and
• Ideological and Social change
Policies that enable the above assist development and growth.
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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concept ofexploitation of labour
Advanced Package Service (APS) offers overnight package delivery to business customers. APS has recently decided to expand its facilities to better satisfy current and projected d
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Your company's cost of capital is 12%. You are currently evaluating three projects that have the following cash flow streams: Project 0 1
What is the failure effectiveness of World Trade Organisation in the promotion of development? Failure effectiveness of World Trade Organisation in the promotion of developmen
What are the predictions of balanced growth? When government can co-ordinate immediate investment in several industries one firm gives a market for another. It needs state pla
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