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What are the internal constraints on government action less developed countries?
Internal Constraints on Government Action LDCs:
• Have restricted domestic resources to accelerate the development of their country
• Within a democracy, the authority of a government to pass laws, its permission - comes from containing won an election that permits say up to 5 years into power. To succeed re-election governments may obey policies popular along with the electorate for example price limits on essentials.
• Recent government budget, the size of the foreign debt and national debt and capability to meet interest payments constrain action.
How is business cycle essential in economic downturns and upturns? The Business Cycle: It is the short-run alternation between economic upturns and downturns. A
Can economies grow of less developed countries by developing its secondary sector? Economies grow of less developed countries by developing its secondary sector because manufac
explain why each of the following factors influence the own price elasticity of demand for a comodity 1. Consumer preferences 2. the narrowness of definiton of the commodity
QUESTION 1 (a) Explain clearly the various sources of Industrial Law (b) The mutual consent of the contracting parties is required for a contract of employment to be valid, but
Explain for each of the sub-variables the positive or negative implications the environmental factor could have on the cereal category in economis aspects
Case study CORN is now struggling to keep up with demand. With corn supplies the tightest they have been since the mid-1990s, prices have risen substantially and are holding a
What are the restrictions of unbalanced growth? The restrictions of unbalanced growth: • Frequently governments go for high status, capital-intensive and high tech projects
what is price expectation elasticity of demand?
How does economic theory contributes to managerial decisions?
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
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