State five characteristics of the developing world. Discuss diversity within the developing world on these characteristics in relation to the developed world.

Q: Discuss what is monetary and fiscal policies. How these policies can be able to aid economic…

A: The fiscal and monetary policies are used by the governments to achieve certain economic goals.…

Q: Goods and Services) Explain why each of the following would not be considered “free” for the economy…

A: A goods is an unmistakable thing that buyers want or own. A service is definitely not a tangible or…

Q: Explain population and development in the third world and criticize it

A: After the Cold War had taken place, the word Third World was coined to differentiate between the…

Q: elaborate on specific policies that developing countries can adopt to protect the domestic…

A: Protectionism is a policy of using tariffs, subsidies, import tariffs, as well as other barriers to…

Q: 34 of 100 The idea that new industries in developing countries must be protected is known as…

A: In developing countries, there are new industries which are not stable enough to compete with more…

Q: What are the implications of labor disaggregation and capital disaggregation to developing countries…

A: Answer -

Q: A key reason for low foreign direct investment in developing nations is: the presence of tariff and…

A: Foreign direct investment refers to the situation when foreign investors make direct investment in…

Q: “Many developing nations are subject to “dominance, dependence, and vulnerability” in their…

A: Developing Nations:Developing nations are countries that are working to improve their economic…

Q: “The world population problem is not just a matter of expanding numbers but also one of rising…

A: Meaning of Poverty or Scarcity: The term scarcity or poverty refers to the situation under which…

Q: Why is there a certain level of skepticism from more-developed nations (MDCs) regarding developing…

A: The growth of the nations can be categorized into two broad categories - developing and developed…

Q: Discuss the Millennium Development Goals with respect to Pakistan.

A: MDGs are the 8 goals with measurable targets and deadlines for the betterment of the lives of the…

Q: Are trade restrictions necessarily bad for a developing economy? Under what circumstances are trade…

A: International commerce expands the range of products available to domestic customers, lowers the…

Q: Assess the economic implications of free trade in the third world country. Is this good for the…

A: Bilateral trade: Two-sided exchange is the trading of products between two countries advancing…

Q: Identify the major trade blocs in Latin America and how they are influencing development.

A: Trade bloc is defined as the intergovernmental agreement, a part of intergovernmental organization.…

Q: According to Todaro & Smith (2020: 541), industrial countries can help developing nations in their…

A: 1. Trade liberalisation Tariffs and other barriers to free trade between countries are removed…

Q: Compile a list of basic components of country development and describe them

A: Growth, progress, progressive impact, or the addendum of physical, economic, social, environmental,…

Q: Does a nation’s political system/structure have an impact on the nation’s economic development.

A: As a vote based system extends in developing nations, recently enabled laborers are probably going…

Q: Research one global scenario on the risks brought along by economic globalization to developing…

A: Globalization makes the world a single market where a country can sell the goods and services to the…

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: What responsibility do the most developed countries have, the world leaders have, to assisting some…

A: Developed country A country is considered a developed country if it has a high level of quality of…

Q: Explain the meaning of dualism and dual societies. Do you think that the concept of dualism…

A: Dualism is defined as the concept under which the country is segregated based on their economic…

Q: Health Care is also assessed when gauging a nation’s development? True or False

A: The DALY (Disability-Adjusted Life Year) is every now and again utilized as a proportion of illness…

Q: Justify the importance of regional cooperation for developing economies

A: Regional cooperation refers to the political and institutional processes developed by countries in a…

Q: describe and explain the commonalities of low-income, middle-income or developing countries.

A: Low-income countries:- These are those countries whose GNI (Gross National Income) per capita is…

Q: he primary focus of development strategy during the 1950's , after the war is to rebuild nations…

A: Least Developed Countries (LDCs) are low-income countries that face serious structural barriers to…

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: 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: Criticize Modernization theory in development

A: In breaking down the resources of the modernization hypotheses, it ought to be perceived that this…

Q: POVERTY Low economic Low level of education and health growth \/Development care Growth Low levels…

A: A poverty trap is an instrument that makes it exceptionally hard for individuals to get away from…

Q: Is the concept of the developing world a useful one? Why or why not?

A: The economic development refers to the improvement in the economic activities of a country. The…

Q: Developing countries with low savings rates , high levels of regulations and poor levels of health…

A: Developing countries are defined as those countries that have low human development index as…

Q: Give reasons why the economically developed countries have a high value for the ranking but…

A: Economic Development is the growth of the standard of living of a nation's people from a low-income…

Q: Define the dependency position on economic development. Compare the dependency position with the…

A: Dependency theory is a theory of economic underdevelopment that focuses on the putative limits…

Q: Impact of international trade relations on economic development.

A: International trade is the purchasing and selling of products and services across national borders.…

Q: Discuss the Millennium Development Goals  and their achievement with respect to Pakistan

A: Millennium Development Goals (MDG), signed by 189 countries in September 2000 at the United Nations…

Q: Why is the import-substituting industrialization policy considered too costly and fails to increase…

A: Import substituting industrialization policy is such that tariffs are being imposed on imported…

Q: Explain the Structural Characteristics of Developing Nations.

A: Developing countries have a poor institutional structure such as a lack of property rights, absence…

Q: The developing countries are usually characterized by. a. primary-product exports, inadequate…

A: The measure that depicts the increase in the production of services and goods during a given span is…