Cultural factors or global political and economic forces

Assignment Help Business Economics

Reference no: EM131172359

Some countries in Central America are very stable and enjoy a good quality of life, but others are impoverished and underdeveloped. How can these differences be explained? Are inequalities due to local, social or cultural factors, or global political and economic forces? Explain your answer citing specific countries, and provide evidence for your views.

Reference no: EM131172359

Questions Cloud

Believe acts in socially responsible manner : Identify a company that you believe acts in a socially responsible manner, and describe some of the actions that they undertake in doing so. What benefits might be expected to result from these actions?

Focuses on that one function in the production process : When a worker specializes in one task, he focuses on that one function in the production process, ignoring the whole system. The most famous story about organizing tasks into jobs comes from Adam Smith's tale of the pin factory. In that story, he arg..

Phenomenal increase in the number of customers : Traditional brick and mortar retail stores are losing their customer base while their online competitors are seeing phenomenal increase in the number of customers. Examine the differences and similarities (where possible) in the two modes of retail i..

Organizational architecture varies from firm to firm : Organizational architecture varies from firm to firm. The three important external determinants of a firm's administrative structure are:

Cultural factors or global political and economic forces : Some countries in Central America are very stable and enjoy a good quality of life, but others are impoverished and underdeveloped. How can these differences be explained? Are inequalities due to local, social or cultural factors, or global political..

Company is allowed to make decisions for the company : If a manager who does not own a company is allowed to make decisions for the company, then:

Money does make the world go around : Respond to the following discussionnn post: Money does make the world go around, before there was money it was simply trading goods. However, the growing need of money within our fast growing society has often caused rifts due to greed and wanting po..

What is the full-employment level of output : Suppose there are 100 million workers in the economy, and full employment is defined as 96% of them being employed. Also suppose that, given current technology, each $10 billion in output employs one million workers. What is the full-employment level..

Identify about a dozen combinations : In the equation of exchange, suppose V is stable (constant) with a value of 4, andthe money supply is $200 billion. What combinations of P and Y are possible? Identify about a dozen combinations, and plot them on a graph. Does your graphlook like an ..

User Account

All Pages