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Explain three major barriers to development experienced by developing countries.
Well, the scope of possible answers here is, em, wide, to say the least. The issue is not to simply list three barriers, but to show and explain how they impact on the development process. For example, the poverty cycle of low income → low savings → low investment → low income etc is a good example - as long as the answer shows clearly how these are linked.
what is market equilibrium and disequilibrium?
Why is high unemployment considered a bad thing? High unemployment means that a nation's resources are underutilized. It also poses great psychological, economic, and social c
Q. Describe Labour Market Segmentation? Labour Market Segmentation: Deep and systematic differences among various groups of workers, in which different types of workers are eff
Assigment help
Slutsky's Theorem: Graphical Presentation We prove here that own price effect is the sum of own substitution effect and income effect for a price change, which is known
(i) Define the three types of price discrimination, clearly stating the different information requires of each type of discrimination. (ii) Find a real-world example of second-degr
why does gap between the ATC curve and the AVC curve decreases as the level of output increases
A control in economics means a steady profit rate that is enhancing. Thus, after one year you could have £1mill profit then the next year £3mill profit etc.
objestive of williamson modle
Since 1990, real income has increased rapidly , yet the average number of children per family has decline ." Three possible explanations for this process are given below.
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