Describe some of the political and social tradeoffs that might occur when a less developed country adopts a strategy to promote labor force participation and economic growth via investment in girls’ education.

Q: Will free trade and perfect competition lead to an equalization of wage rate across countries?…

A: According to price equalization theory, or the Heckscher-Ohlin Samuelson theory, due to the free…

Q: explain the impact of import biased growth on the welfare of a country With the help of a diagram,

A: The terms of trade implies the cost of products comparable to the cost of imports.  Development is…

Q: explain the Lewis Theory of Economic Development comprehensively

A: Through maintaining and increasing the main workers of the area, industrial growth tends to shield…

Q: • The money sent home by workers who emigrate from a developing country can benefit the country as a…

A: International migration occurs when people cross state borders and stay in the host country for a…

Q: Answer the following three questions 1. What do you think is the effect of a high dependency ratio…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: In light of the discussion on inequality elaborate on the hypothesis of Kuznet’s Curve. Examine the…

A: There have been instances of very high income and wealth inequalities in a nation Such inequalities…

Q: to $720,000 while the number of hours worked increased to 6,000. Given these values, solve for labor…

A: Labor productivity, also known as workforce productivity, is defined as real economic output per…

Q: At the beginning of the year, one developing country (DVC) has a real income per capita of $1,000.…

A: Real per capita income(RGDP) measures the total amount of money earned by per person. It is obtained…

Q: Identify THREE public policies that can stimulate employment and facilitate economic growth in an…

A: In standard financial hypothesis, the issue of business is typically examined in terms of a…

Q: Which of the following policies are consistent with the goal of increasing productivity and growth…

A: Economic growth and development are related to the policies of the government as well as the central…

Q: TRUE OR FALSE? The new growth theory emphasized the role of human capital development. The two…

A: When talking about new growth theory, it explains the role of various economic variables that…

Q: Which of the following is true about the relationship between foreign aid and economic development?…

A: Answer -   Foregin aid :- It is type of help or grant which has been provided by forging financial…

Q: Research the following National Development Indicators and explain briefly: Gross Domestic Product…

A: "Since you have posted a question with multiple sub-parts, we will solve the first three subparts…

Q: of a good leader to the socio-economic development of Ghana

A: THE FIVE ESSENTIAL QUALITIES OF A GREAT LEADER: Clarity Decisiveness Courage Passion Humility The…

Q: Human Development approach - is about expanding the richness of human life? Elaborate in detail why…

A: In an economy, government and policymakers use various measures to identify the improvement in…

Q: identify the appropriate government policy should implement in each economic situation.

A: Introduction: The COVID-19 pandemic has prompted a sensational loss of human existence worldwide and…

Q: How significant an issue is this for the countries studied?  Consider the implications of income…

A: Economic inequality can be quantified in a variety of ways, the most common of which are the income…

Q: Programs, such as education and on-the-job training, that improve labor productivity are unproven.…

A: The programs which are for labor like to educate them and provide them on-the-job training, are for…

Q: Suppose France has a per capita GDP that is 0.7 times the United States GDP. It has a…

A: Productivity: It refers to the production of good and services according to the inputs and output…

Q: It is important of both manufacturing and service sectors have the widest variation in the…

A: The developing country is one that is trying to expand its economic activities in the rest of the…

Q: Disaggregation on inputs was introduced in the capital market as economic growth models became more…

A: Economic Growth Economic growth refers to the increment in the economic factors of the economy of a…

Q: Outline and discuss three (3) of the economic growth and development impacts of international labour…

A: Economic Growth Increased output of products and services is referred to as economic growth.…

Q: Beginning about 1985, many developing countries, dissatisfied with the results of…

A: The nations around the globe are involved in the international trade with each other. The…

Q: Evaluate with examples how each of the following affects economic growth •special interest groups…

A: The following problem has been answered as follows:

Q: Why should the study of agricultural systems, particularly peasant agriculture, and the rural sector…

A: Economic growth and development, according to civil service economic research, is the process by…

Q: Justify how relevant is the knowledge of the concept of development to the Ghanaian society in this…

A: Education is essential for growth and development. All development achievements, from health…

Q: 385 Economic Development 2) (i) Briefly describe the policies to promote Import Substitution…

A: An economic theorem that is adhering to by developing countries that wish to decrease their…

Q: Critically assess the Regional Systems of Innovation theoretical framework as an explanation of the…

A: Answer Provincial improvement might be a wide term anyway is viewed as an overall work to support…

Q: There are 5 categories that Johnston and Mellor identified in 1961 as contributions of Agriculture…

A: 1. Farm product for domestic consumption is corn.

Q: Which of the following statements represents the best approach to economic development for Less…

A: In the international market, less developed countries are the one that are experiencing a phase of…

Q: Consider the information given below (taken from recent UNDP Development Reports) regarding a…

A: The Gender Empowerment Measure (GEM) can be defined as a measure of the inequality between different…

Q: What is the impact of migration and population growth in the Philippines

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Q: Which of the following statements regarding contemporary development theories is true? a. None of…

A: Answer -   Development theories :- These are the theories which analyze the different patterens of…

Q: Give one information that can be gathered from the Human Development Index (HDI) of a country that…

A: The Human Development Index was established to underline that people and their talents, not just…

Q: Relate the educational levels in the various categories to the process of industrialization.

A: Meaning of Industrialization: The term industrialization refers to the process of economy…

Q: All of the following lead to an increase in productivity except for    a. an increase in physical…

A: Productivity is a measure of the efficiency of production. Higher productivity leads to increased…

Q: Because there is not a precise measure for human capital, the World Bank data and most economists in…

A: There is an absence of precise indicator for human capital.

Q: Among the three core values of development, which among them plays the most important role to…

A: The three basic components or core values of development as were described by Amartya sen were…

Q: Critically examine how development theorists such as Todaro and Smith (2015) have used the…

A: The institutional approach of economic growth is described by economists as the growth in the…

Q: how relevance are dependency theories today in explaining the development processes and relationship…

A: In economics, the theory of dependency is a concept to understand the underdevelopment of an economy…

Q: Evaluate how South Africans are using their indigenous knowledge to achieve economic development

A: Answer: The South Africans have used the following methods to achieve economic development in their…

Q: What actions could the government take to increase labor productivity? Name two

A: Labor productivity is defined as the hourly output of a country's economy. It calculates the amount…