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What is suitable technology?
Technology is suitable when this employs methods which make the best use of accessible resources that is labour-intensive, straightforward techniques low technology in under developed rural regions. Conversely, LDCs frequently prefer capital-intensive projects since, although they give less immediate employment, they assure higher rates of growth.
Several LDCs are considered as having a comparative benefit in manufacturing that is labour intensive and needs low capital for example as textiles and canning fruit are suitable technology.
What are the internal constraints on government action less developed countries? Internal Constraints on Government Action LDCs: • Have restricted domestic resources to ac
How do I calculate NPV with benefits and costs?
Calculate Average Total Cost A perfectly Competitive firm is operating at a profit-maximizing level of output, q*. This output level is 500 units. At this output level, the
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
Scenario: A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions
GDp of World?
Economic analysis is done from the viewpoint of society or economy as a whole. The evaluation is done from a wider angle not merely in financial terms. . In 1936, Flood Control Act
Tri-City Industries is considering two possible capital projects. Project A requires an initial investment of $240,000 and provides cash flows before tax of $120,000 in year one, $
How static multiplier can be shown diagramatcally
Illustrate the implications of agricultural price instability problem for Less Developed Countries? Implications of agricultural price instability problem for LDCs: a. Agric
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