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: Economic problems arise because
A: To find : Why do economic problems arises.
Q: what are the global economy scenario
A: An economy encompasses all activity in a region that is related to the production, consumption, and…
Q: What are the important factors of Economic Development?
A: There are mainly eight important factors of economic development.
Q: Why is the world growing so rapidly?
A: A distinct group of individuals belonging to a certain group or nation is referred to as a…
Q: what are the social problems that are solved while the developing economy moves towards developed…
A: A developing nation faces many problems which it tries to overcome step by step over a long period…
Q: What are the factors that encourage people to migrate from one place to another place?
A: When talking about migration, it is the situation from one place when people move from one place to…
Q: What comprises middle-income economies
A: For operational and analytical purposes, world bank classifies the economies in three groups: low…
Q: What can we do to deal with the challenges or barriers towards Sustainable Development as a head of…
A: The United Nations' overriding paradigm is sustainable development. The Bruntland Commission Report…
Q: Who controls the global economy? How does the global economy work?
A: There is misperception about the global economy. It is not controlled by the few powerful…
Q: Where are the high-income economies, and howwealthy are they?
A: High-income economies are those economies whose gross domestic product is high. This implies…
Q: What are some examples of rural and urban development?
A: Rural development is defined as a development and improvement in the productivity, social economic…
Q: any suggestions to improve the economic conditions of a country?
A: Economic conditions of a country deteriorates if the growth rate stagnates or it is negative.…
Q: What national and international trade-offs raise a country's standard of living?
A: Tradeoff is a situation in which one things has to be left out in order to gain another thing.
Q: What metrics can help analyze the economic environment of a country
A: Economic components are only a portion of the "environmental uncontrollable" which advertisers…
Q: why do individual producers or nations have to choose the type, quality, and quantity of what they…
A: The resources of production are limited in amount so the individual, producers or nations have to…
Q: Can we transform transform a country that has been built and comfortable with a secular economic…
A: The financial system is critical to a country's economic progress because it connects those who save…
Q: Algeria Type of economic system
A: The economic system refers to the mechanism which determines how the economic resources to be…
Q: What have been the ingredients for economic growth and development that China and India share?…
A: The economic growth level of a country is the level of GDP growth in the country. The level of GDP…
Q: How does a business contributes to social responsibility and economic development of a nation?
A: Answer
Q: What are the arguments in favour of free trade in developing countries?
A: Meaning of Trade: The term trade refers to the situation under which the products and goods are…
Q: What are the challenges of sustainable development?
A: Sustainable development: It refers is a drawn-out answer for how we plan our inconclusive…
Q: Why is income per person so much higher in some countries than others?
A: A commonly used indicator to measure the level of prosperity in a nation is the per capita gross…
Q: What things do people do now which they couldn't do before globalization?
A: Globalization is described as the spread of technology, products, jobs, and information across…
Q: How do the economic sectors differ?
A: Economic sectors refers to various different sectors of the economy each dealing with different…
Q: How do the major economic systems differ?
A: An economic system is defined as the means by which the society organizes and distributes its…
Q: For all of their diversity, less developed countries are linked by a range of common problems.Which…
A: Development refers to a concept in which the focus is done on improving the quality of life by…
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: Name three aspects that affect the global economy.
A: Globalization affects economic resources such as commodities, services, data, technology, and…
Q: How did changes in business impact Global Business throughout time?
A: Business: It refers to organization that produces goods and services in the economy. When there is…
Q: What is distinctive about low-income economies?
A: The global bank divides economies into three groups based on their GNI for operational and…
Q: Explain with examples various economic systems exist in the world. Oman following which economic…
A: There are three basic economic structures followed across the world: capitalist economic…
Q: Why does a country need to answer the problem of production and distribution?
A: The main activities that an economy faces are of production , distribution and the disposition of…
Q: What are the characteristics of under developed economies??
A: According to the given question An underdeveloped economy is considered as an economy which has high…
Q: what is the global and regional economy?
A: Economics as a subject was developed since there was a limited amount of resources on earth.…
Q: Who benefits from the free market economy
A: An economy refers to the activities of production and consumption given scarce resources. An economy…
Q: Which economic challenge unemployment, poverty, inflation represents the greatest threat to social…
A: Unemployment is defined as a condition under which all those who are willing and able to work are…
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 poverty and economy affect the development of a country?
A: Economic growth is outlined as a rise or improvement within the inflation-adjusted value of…
Q: List 2 countries from each category; least developed and developing countries and compare and…
A: A domain in which items and services are produced, distributed, traded, and consumed by diverse…
Q: What are the 3 basic economic problems? Briefly
A: An economic problem is one that arises as a consequence of a scarcity of resources and requires…
Q: What are the ultimate reasons for analysing the economic performance of a country or market?
A: Economic analysis is on the assessment of costs and benefits.It starts by assessing projects for…
Q: Do you think that business practices in an Islamic country are likely to differ from business…
A: Yes, business practises in an Islamic country will most likely differ from those in the United…
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