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Define economies grow of less developed countries by developing its secondary sector.
Less developed countries economies grow by developing its industrialising:
Manufacturing has some advantages in securing economic growth over agriculture. Several less developed countries are seen as containing a comparative advantage in manufacturing that is labour intensive and need slow capital. For example textiles and canning fruit are suitable technology.
Things like housing and autos tend to be affected by changes in interest rates due to financing is typically needed to make such purchases. If financing becomes more costly due to
what are the resources of economics development
How can the savings gap be plugged? Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through
what microevrionmental factors have affected Sony''s performance since 2000
who is the proponent of theory of economic rhythm?
opportunity cost and decision making
QUESTION (a) One of the differences between a monopolistically competitive industry and a perfectly competitive one is that in the former, there is product differentiation. (i)
Numerical Exercise 11. Suppose that the Fed’s inflation target is 2 percent, potential output growth is 3.5 percent, and velocity is a function of how much the interest rate differ
Scheduling a project includes understanding the degree to a project tasks can be separation. Define the meaning of this term and what effect does partitioning have onto the schedul
Foreign Exchange Market and Arbitrage Process: 1. Suppose that the Brazilian Real is quoted at R 0.9955-1.0076/US$ and the Thai Baht is quoted at B25.2513-3986/US$. What is
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