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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.
What are the traditional, modern sectors and rural-urban migration? Rural-urban migration: Rural-urban migration is the movement of labour through the countryside to cities
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
(Price Discrimination) A. Indicate the types of price discrimination for the cases below. Based on the above examples, explain the difference among these types of price discrimi
Q1 An important first step to the statistical analysis of data is to "get to know your data". The following tasks should contribute to this. (a) To the right of the dataset c
What are capacity building policies? Capacity building policies: Capacity building is the development and improvement of institutions. And Capacity building policies as
How does colonial background influence the development process? Colonial experience influences: • Language for example the official language of US is English. • Legal and
QUESTION (a) Explain and discuss the Structure Conduct Performance framework (b) The hypotheses of interest in the Structure Conduct Performance framework are as follows- H
about replacement and historical costs
Explain the elasticity of price expectations?
QUESTION (a) Distinguish between monetary and fiscal policy, giving examples where appropriate. (b) Discuss how fiscal and monetary policies might be used by a government du
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