Reference no: EM132877187
Discussion questions:
1. Discuss the advantages of an informal sector in developing countries
2. Explain four conditions that must hold for devaluation of a currency to be effective in developing countries
3. Summarize the role of the industrial sector in economic development
4. Outline four causes of wage differential between the agriculture and industrial based occupations
5. Explain four economic policy options that are available to a government that wishes to promote economic growth
6. Explain seven contributions of agriculture in the economic development of developing countries
7. Identify six factors that hinder increase in economic development in developing countries and sates
8. Outline the economic policy measures that should be applied to minimize the problem of external debts
9. Explain ways in which the government could influence the allocation of economic resources in a country
10. Discuss the importance of development planning in an economy
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