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What are the characteristics of growth in developed countries?
Simon Kuznets specified some characteristics for all DCs (developed countries) as illustrated below:
• Gross National Product growth;
• Population growth;
• Gross National Product per capita growth;
• Productivity growth;
• International trade;
• Structural transformation;
• Social as well as ideological modifications.
How can the savings gap be plugged? Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through
Question (a) The XYZ Election Commission maintains data showing the voting age population, the number of registered voters, and the turnout for federal elections. The following
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interaction between the two market force, demand and supply
Analyse the effect of contraction phase to the vulnerable society
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