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Analyse the effectiveness of market approaches into promoting development.
Assessing the effectiveness of some system, planned, market or mixed depends onto the choice of display. A market system is effectual in promoting development when there is an enhancement in the indicators of growth, over time The Chinese economy is growing at 10 percent pa and by this one economic measure this is successful. Growth is not essentially development. The benefits of growth are widely distributed.
what are the resources of economics development
What are the limits of national income (NY) statistics in measuring development within a country? National income statistics simply show changes in GDP (Gross Domestic Product)
The word double-dip is a negative -situation .This scenario has economically shall move back and switch in to a deeper and longer worse situation. A double dip recession states to
Do you agree with the traditional theory that assumes profit maximization as sole objective of a business firm?
QUESTION (a) Explain the law of demand and the factors affecting demand. (b) Explain and illustrate how demand of a commodity will change if there is a tax on that product.
What are the characteristics of the informal sector? The characteristics of the informal sector comprise: • working for yourself quite than an employer, • Small scale ent
Are weaknesses of financial markets a problem? Problem: a. Potential entrepreneurs require funds to finance new projects. Financial institutions, as like banks, are middle
Speculating with Long Currency Strangle: A long currency strangle involves buying both a call option and a put option for a particular foreign currency with the same expiratio
Is the impact of globalisation a problem? Globalisation consider as to the increasing integration of national economies into terms of financial flows, trade, concepts, informa
What does Rostow predict? For Rostow: • Savings and capital accumulation (formation) are central to the procedure of growth therefore development • The solution to de
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