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Explain the state intervention approaches for promoting development. State intervention can result within: • Large bureaucracies staffed through friends and relatives of the
Report the average and standard deviation of monthly return for your corporation and the S&P 500 on the spreadsheet. Use the spreadsheet functions to calculate these: =AVERAGE(dat
How can be comparative advantage improved? Comparative advantage can be gained or improved through: • Investment during the education and also in training • Investment wi
what is the immigration surplus?
Star Petroleum and Moonlight Petroleum are retail petrol stations that compete in the local market to sell petrol to consumers. Star and Moonlight are located across the street fro
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
How is effort monitored onto a project? It is significant that the effort to be spent onto activities is reassessed on a regular basis – why is it so very important? Effort is
Is industrialisation significant in the process of development? Industrialisation is considered as a major driver of LDC development. Industrialisation arises while a predomin
Expansionary fiscal policy happens when the government cuts spending. How?
Percentage Method
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