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What are colonial background countries of the development process?
A colony is a country controlled by other. Various European countries had extensive empires as:
• Latin American countries have been basically been independent from the 19th century.
• Europe dominated several African and Asian countries till the 2nd World War.
factors that affect the volume of production in economy
Why are economies developed of less developed countries by growing its secondary sector? Economies cannot grow of less developed countries by developing its secondary sector si
A clinic uses doctors and nurses optimally and is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a
Any economic models for this title?
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
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Explain about the term underemployment and unemployment rate. Discouraged employees are non-working people who are able of working although are not actively in search of a job.
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