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What are the restrictions of unbalanced growth?
The restrictions of unbalanced growth:
• Frequently governments go for high status, capital-intensive and high tech projects as like steel works.
• Government planning results within government failure. For a complete discussion notice: why state approaches are sometimes considered as unsuitable for promoting development.
Taiwan, Malaysia, Singapore, and South Korea are which achieved high rates of growth into the late 20th century from government co-ordinate development policies counting protectionism, government subsidy, high levels of literacy and devaluation. In 1997 year, the East Asia financial crisis was an external shock from that all these economies are recovering yet.
What is the capital-output ratio? Capital-output ratio: This ratio (k) is the amount of capital required to produce £1 of Gross Domestic Product generated, every year.
what are the pricing policies
What is the difference between wealth and income? Difference between wealth and income: • Wealth , which is a stock value that is the current value of assets for example b
Why not cancel all third world debt? Two arguments are advanced in opposition to debt cancellation. • Developed countries finance the World Bank which can use its funds to
Most studies of firms’ long run costs have found that average costs decline as firms produce increasingly larger output levels (economies of scale), such as for automobile firms. H
various approaches followed by FMCG companies in test marketing
Why do all multinational automakers choose to use FDI to enter this industry? What are the drawbacks of using other entry modes such as exporting and licensing?
Define the aggregate price level in the macroeconomics. Aggregate Price Level: A nominal measure is a measure which has not been adjusted for modifications into prices
Define the implications of dependency problem. Implications of dependency problem: To escape exploitation, underdeveloped countries should gain political, economic and so
CHALLEGES FACING BUSINESS ORGNIZATION
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