Explain how political obstacles and cultural obstacles

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Reference no: EM13996392

1) Explain how political obstacles (lack of skilled officials, instability, corruption, and constaints by special interest groups) and cultural obstacles (cultural attitudes that discourage entrepreneurial activity and and encourage rapid population growth) are greater barriers to economic growth than lack of technology, education and natural resources.

2) Many people blame special interests of developed nations for supporting political regimes and cultural norms that prevent the success of developing nations. Explain why this might be true and in your own words agree or disagree with this statement. Try to give a specific example of a nation (Haiti, Iraq, Pakistan, Sudan, Zimbabwe or any example in the past).

Reference no: EM13996392

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