Determine the industrial core of world economy, Microeconomics

Assignment Help:

Determine the industrial core of world economy

The industrial core of world economy saw its level of material productivity and standards of living explode in the 19th and 20th centuries. Elsewhere the growth of productivity levels and standards of living and spread of industrial technologies was slower. As industrialized economies grew whereas industrial technologies spread slowly elsewhere, world became a more and more unequal place. As development economist Lant Pritchett puts it that dominant feature of world economic history is "divergence, big-time." In terms of productivity levels and relative incomes, world today is more unequal and more divergent than ever before.

 


Related Discussions:- Determine the industrial core of world economy

Demand and Supply , Demand and supply curve for french breads

Demand and supply curve for french breads

Area of dominant influence (adi), Area of Dominant Influence (ADI) The...

Area of Dominant Influence (ADI) The ADI is a geographic area made up of all over the world that receive signals from radio and television stations in a individual market.

Island economy, Island Economy: Consider an economy as a sea with isla...

Island Economy: Consider an economy as a sea with islands of local markets. Each household produces goods and sells them on one and only one of the arrays of these markets. Go

Theory, critical of comparative advantage theory

critical of comparative advantage theory

1, what is market equilibrium and disequilibrium?

what is market equilibrium and disequilibrium?

State about the prices - price level, State about the prices - Price level ...

State about the prices - Price level Prices are of great significance in macroeconomics as indeed they are in microeconomics. Though, in microeconomics we are more interested i

Monopsony, Monopsony: Demonstrate (with a graph) how a ...

Monopsony: Demonstrate (with a graph) how a minimum wage can increase both the wage and employment in a monopsony market even when the government sets th

Supply and demand, Suppose scientists discover that eating soybeans prevent...

Suppose scientists discover that eating soybeans prevents cancer and heart disease

Visit to village panchayat fo data agriculture based project, about visit t...

about visit to village panchayat fo data agriculture based project

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd