What is a developing economy, Business Economics

Assignment Help:

What is a developing economy?

To say a country is developed or developing needs indicators. For illustration:

• The World Bank classification utilises one economic indicator, income, to categorize countries in three several income groupings high-middle and low. Using World Bank indicators a progressing country has a GNP per capita of less than US$6,000.

• The UN classification splits countries in high medium and low human development by using HDI indicators.


Related Discussions:- What is a developing economy

Privatisation, definition, advantages and disadvantages of privatisation?

definition, advantages and disadvantages of privatisation?

Explain clearly what inflation is, QUESTION (a) Explain clearly what in...

QUESTION (a) Explain clearly what inflation is and elaborate on its main causes. (b) "There is a trade-off between inflation and unemployment" Do you agree with this stateme

What is social inclusion, What is social inclusion? Social Inclusion:...

What is social inclusion? Social Inclusion: Social inclusion implies the whole of society enjoys the advantages of economic activity (as income) and have complete access

Export, Procedure for export under deferred paymet

Procedure for export under deferred paymet

Agriculture economics, A1. Given the following production function Level of...

A1. Given the following production function Level of fertilizer Level of maize 0 0 1 44.9 2 83.6 3 110.1 4 127.3 5 136.9 6 139.9 7 137.1 8 129.2 a) Calculate the APP, MPP and elas

Allocating resources, explain how inflation could reduce the efficiency wit...

explain how inflation could reduce the efficiency with which prices allocate resources.

What are the characteristics of the informal sector, What are the character...

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

Production, what factors affect the volume of production in an economy

what factors affect the volume of production in an economy

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd