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How does social capital influence development?
Problem: Low social capital leads to potential conflicts and high transaction costs which hinder growth. Several LDCs (Less Developed Countries) lack social cohesion. As example like:
• A lack of trust in between Christian and Muslims into Nigeria means a fall into output, less educational and lower incomes opportunity for all.
• A major purpose for South Africa making a successful transition through apartheid is the efforts made through the government to encourage social inclusion and integrate white and black South Africans into one nation Implications that social capital should be in place before growth can arise.
Describe the difference between value management and value engineering. Value Engineering: It is concerned all along with determining the cheapest method of accomplishing
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Mercier Corporation's stock is selling for $95. It has just paid a dividend of $5 s share. The expected growth rate in dividends is 8 percent. a. What is the needed rate of retu
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what are the factors that affect the volume of production in economy
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#question.During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use supply and demand diagrams, how the following markets are affected in t
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