Discuss the three core values of economic development.

Q: Why must we alter our standard of development and consumption to that "de-development"?

A: The notion is that affluent countries should reduce their consumption to allow impoverished…

Q: What are the important factors of Economic Development?

A: There are mainly eight important factors of economic development.

Q: Explain the role of human capital in economic development

A: According to the given question Human capital in economics is defined basically as an human resource…

Q: Which of the following is not an example of economic development? A. Improvement of human…

A: Economic Development : The Economic development can be defined as the quantitative as well as the…

Q: Explain how efficiency, equity and liberty affect development. Cite an example which attributed to…

A: Efficiency is related to a firm's or economy's ability to convert resources into goods efficiently,…

Q: What is the difference between a development goal from sustainable development goal?

A: The UN Millennium Development Goals (MDGs) are 8 goals that its member states have agreed to achieve…

Q: Discuss the 7 keys to economic development.

A: Economic Development Process by which economic well being and quality of life is improved as per the…

Q: Explain the concept of economic development and describe five can use to drive development, in the…

A: Economic development in an economy happened when there will be economic growth continued for a long…

Q: What actions can/do governing authorities take to promote long-run economic development?

A: While growth can be measured in a fairly straight-forward fashion, good governance is much more…

Q: The process by which a population gradually moves from high birth and death rates to low birth and…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: difference between economic development and economic growth?

A: Meaning of Economic Development: The term economic development refers to the situation under which…

Q: Are capital and finance within the US a significant component of development?

A: Capital and finance are very important for U.S economic development. With greater amount of capital…

Q: What is an economic development

A: Economics refers to the field of social science that deals with the activities that are needed to…

Q: Explain what we mean with economic development and then discuss the relation between GDP/capita and…

A: The macroeconomic concept of economic growth is used to determine the increase in wealth and…

Q: How has the process of economic development been similar in Japan, South Korea, Taiwan, and China…

A: The economic rise of China and also the growing network of trade and investment relations in…

Q: What actions can/do governing authorities take that hinder economic development?

A: Governing authorities in many economies play an essential role in the development process, which…

Q: Summarize the different implications of sustainable development in developed and developing…

A: Sustainable development is defined as development that satisfies current demands while not…

Q: How poor countries can sustain high growth and development? Explain in detail.

A: Economic growth is considered to be the increase in GDP and higher productivity and economic…

Q: Give two examples of sustainable development in the caribbean

A: Sustainable development: Sustainable development can be defined as planned developmental activities…

Q: What is economic development? How should it be measured?

A: The two or more economies can be compared with each other to know which economy is better in terms…

Q: What are the phases of economic development? Why is it important to understand the specific steps…

A: Economic development is a series of incremental improvements. The business climate of a country…

Q: What level of responsibility does the developed world have to promoting development for the…

A: While governments in developing countries struggle to enhance the living conditions of their…

Q: What is keenness to consume in economic development?

A: Consumption is distinct from consumption expenditure, that is that the purchase of product and…

Q: Explain the differences and similarities between economic growth and economic development

A: The economy is the combination of mainly three activities such as manufacturing, distribution, and…

Q: Explain the difference between economic growth and economic development

A: The gross domestic product(GDP) is defined as the market value of all the final commodities(goods…

Q: Differentiate between Economic growth and Economic developmen

A: There are many components related to the economy and macroeconomic policies along with the whole…

Q: Is education a key to economic development? Why?

A: Economic development is the method of making wealth for the advantage of the community. It's over a…

Q: What is the difference between economic growth and economic development? Give one example in each..

A: Growth and development are two different terms. Growth is a relatively smaller concept than…

Q: discuss the challenges of using a growth pole strategy to design a development plan?

A: Growth poles are comprised of multiple simultaneous investments being coordinated through out many…

Q: What are your measures to sustain economic development?

A: In an economy, sustainable economic development refers to maintaining the economic growth and…

Q: How does conflict, controveries and opportunities affect the economic development.

A: The social compact falls broken when the economy stagnates or declines, and governmental services…

Q: what is economic development and economic growth?

A: Economic development and economic growth are used interchangeably, but both terms are different in…

Q: Explain the idea of sustainable development.

A: Sustainable development refers to the utilization of scarce resources without compromising the needs…

Q: Explain the contributions of entrepreneurship in economic development

A: The entrepreneur is defined as someone who has the ability and desires to create, manage, and…

Q: Political economists have offered a range of explanations of economic and human development. These…

A: A developed nation, also known as an industrialized country, has a sophisticated and mature economy,…

Q: Explain the impact of entrepreneurship in economic development.

A: ENTREPRENEURSHIP Entrepreneurship refers to a process of setting up an enterprise i.e. business by…

Q: Role of SMEs in economic development

A: Meaning of Economic Development: The term economic development refers to the situation under which…

Q: Give ways/examples that the Member States of the United Nations can do to ensure that developing…

A: Globalization and technological progress are inextricably linked. As the Internet's rapid spread…