Why are economies developed of less developed countries, Business Economics

Assignment Help:

Why are economies developed of less developed countries by growing its secondary sector?

Economies cannot grow of less developed countries by developing its secondary sector since industrialisation may:

• As well bring raised negative externalities and also disrupt societies

• Unsuitable technology adopted for example steel works

• Capital-intensive industrialisation which replaces labour may attain growth but raise unemployment, inequality and poverty.


Related Discussions:- Why are economies developed of less developed countries

Apply concepts to real economic situations, Applying economic concepts to s...

Applying economic concepts to situations at work.  This writing assignment is intended to give you a chance to apply concepts to real economic situations. Think of these concept

What are the processes of industrialisation for productivity, What are the ...

What are the processes of industrialisation for productivity? The process of industrialisation increases productivity and per capita incomes and includes: a. Urbanisation

Placing countries together in the same grouping, What is the main danger in...

What is the main danger in placing countries together in the same grouping? It is useful to classify countries by groupings for identification of common problems and policy pu

Characteristics of developed to less developed countries, What are the char...

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 (

What is the theory of mercantilism, Mercantilism was the economic philosoph...

Mercantilism was the economic philosophy underlying English colonial policy. The object of mercantilism was to enhance the wealth of the Mother County (Great Britain) in gold & sil

How can be comparative advantage improved, How can be comparative advantage...

How can be comparative advantage improved? Comparative advantage can be gained or improved through: • Investment during the education and also in training • Investment wi

Explain why all firms aim at growing big in size, QUESTION a) Different...

QUESTION a) Differentiate between price, income and cross elasticity's of demand. b) How can the concept of price elasticity be useful to the owner of a supermarket who want

Is the impact of globalisation a problem, Is the impact of globalisation a ...

Is the impact of globalisation a problem? Globalisation consider as to the increasing integration of national economies into terms of financial flows, trade, concepts, informa

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