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What is Frugal Economy
What is the function of multinational companies into the promotion of development? A multinational or transnational (TNCs) company operates within two or more countries across
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What are the critics of advocates of World Bank in promotion of development? Critics of the World Bank argue: • A one-size-fits all strategy which does not take account
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Does aid improve development? Aid improves development as: • Aid is utilized to increase productive capacity and the advantages of resultant growth is extensively spread an
What are the restrictions of unbalanced growth? The restrictions of unbalanced growth: • Frequently governments go for high status, capital-intensive and high tech projects
Discuss, using examples the economic consequences of a sudden monopolization of an industry that had been previously been competitive
how economics useful for businesses
What are the assumptions of unbalanced growth? Development cannot be initiated through one industry. Government recognize strategically significant areas to planned economy or
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