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What are the difficulties of Developing Economies?
Problems of Developing Economies:
• Internal and external difficulties limit LDCs opportunity for development.
• Less Developed Countries are similar but do not share the set of difficulties
• For a specified issue use analysis to demonstrate how the problem occur and evaluation to show why a specified difficulty is mainly acute
• Problems do not exist into a vacuum and are frequently inter-related.
What are the characteristics of developed countries applied to Less Developed Countries? Some of Kuznets' characteristics of a DC (developed countries) can be applied to LDCs (
GDp of World?
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There are three firms in an economy: A, B, and C. Firm A buys $450 worth of goods from firm B and $260 worth of goods from firm C, and produces 260 units of output, which it sells
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