What are state approaches to developing, Business Economics

Assignment Help:

What are state approaches to developing?

The government supposes responsibility for economic planning to attain the best possible utilize of scarce resources. An economic plan above say 5 years is drawn up set targets for key economic variables for example like savings = 12 percent of GDP

The government may effort to coordinate the whole economy and abolish the private zone. In practice, many development plans are for merged economies where several resources are privately owned: for example small private farms, medium sized companies owned by local entrepreneurs and family owned firms and huge (part) owned foreign companies along with mostly an overseas market.

Typically government utilises domestic savings and foreign finance to prioritise projects supposed to make the maximum contribution to economic development:

• Infrastructure enhancements as like hydroelectric dams and roads

• The creation of bring in substituting industries.


Related Discussions:- What are state approaches to developing

Differentiate between returns to factor and returns to scale, QUESTION ...

QUESTION a) Differentiate between returns to factor and returns to scale. b) In the long-run the Average Cost Curve is u-shaped. Discuss c) Whenever a firm is making loss

Assignment 3, #question.#quesExamine the expenditure trends over the last 4...

#question.#quesExamine the expenditure trends over the last 40 years. What are the direction and magnitude of changes in spending in and between these various categories (with the

Calculate the maximum amount , Tri-City Industries is considering two possi...

Tri-City Industries is considering two possible capital projects. Project A requires an initial investment of $240,000 and provides cash flows before tax of $120,000 in year one, $

Explain the concepts of scarcity and opportunity cost, QUESTION (a) Usi...

QUESTION (a) Using diagrams where appropriate, explain the concepts of scarcity, choice and opportunity cost. (b) Distinguish between positive and negative externalities, il

What are the functions of the central bank, QUESTION (a) Explain what f...

QUESTION (a) Explain what factors might determine the level of investment in an economy. (b) ‘If investment increases it will cause an increase in income. If income increase

Determine the monopoly price and monopoly quantity, 1. A monopolist faces t...

1. A monopolist faces the industry demand Q=400-0.5 p and has constant marginal costs of 8, with no fixed costs. a) What is the monopoly price? What is the monopoly quantity?

What are the difficulties of developing economies, What are the difficultie...

What are the difficulties of Developing Economies? Problems of Developing Economies: • Internal and external difficulties limit LDCs opportunity for development. • Les

Fiscal and monitory olicy, Assess the impact of fiscal and monetory policy ...

Assess the impact of fiscal and monetory policy on business organisations and their activities

Determine the rate of labour productivity growth, 1) Between mid 2008 and m...

1) Between mid 2008 and mid 2009 measured RGDP in the economy fell by 3.8% as the US economy sank into a recession. Over that same time period total employment in terms of hours wo

Producing the standard level products, Provisionally the new software is ca...

Provisionally the new software is called SafeCus with two projected levels of service - Premier and Standard. The Premier Level could be on sale within a year and will provide b

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd