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- What is human capital? 2 Examples needed.3. What is an industrial district? How might governments of developing countries help them succeed?What is the opportunity cost of investing in Capital? Do you think a country can overinvest in capital? What is the opportunity cost of investing in human capital? Do you think a country can overinvest in human capital? Explain and give the example in country that overinvest in capital and human capital!
- 1. Haiti is one of the poorest countries in the world. Suppose you were asked to be an advisor to the policymakers of Haiti. Please briefly discuss two policies that you would recommend to them to promote economic development in their country.19. In a particular market there are social costs that are greater than private costs What type of failure is this market experiencing ? Market imperfection Public goods Externalities Economics of scale 25. Which of the following is a main route by which developing countries have sought to obtain the benefits of industrialisation? Export substitution Import-led grotwh Import sustitution ProtectionismWhat are the barriers to development? If development is so difficult, why do nations undertake it?
- 1. What metrics can help analyze the economic environment of a country?17:58 2 l alll 45 Economics - Pa... This document consists of 2 printed pages. Each question is introduced by stimulus material. in your answer you may refer to this material and / or to other examples that you have studied. 1 Qatar is a developed country with a high standard of living. Qatar is classified by the UN as a country of very high human development because of its high HDi value. More than 80% of Qatar's population are immigrants. Net immigration has helped to meet the country's demand for labour. (a) Define net immigration. [2) (b) Explain two reasons why emigration from a country may increase. [4) (c) Analyse why a country may have a high HDI value. [6] (d) Discuss whether or not the standard of living is higher in developed countries than in developing countries. (8] 2 Japan is one of the largest and most developed economies in the world. The country is, however, facing several challenges including population problems. Japan's birth and death rates are falling, its…How can a government encourage saving and capital accumulation, research and development and free international trade?
- sustainable development 8A. EXPLAIN BRIEFLY THE FOUR APPROACHES TO ECONOMIC DEVELOPMENT.B. WHICH OF THE DIFFERENT THEORIES OR APPROACHES THAT BEST DESCRIBETHE ECONOMIC SITUATION OF THE DEVELOPING NATIONS? EXPLAIN YOURANSWER.C. DISTINGUISH BETWEEN THE NEO-CLASSICAL, FREE-MARKET THEORY WITHDEPENDENCY THEORY?D. WHAT IS THE ROLE OF PUBLIC INVESTMENT AS A DEVELOPMENT STRATEGY?E. DISCUSS HOW THE “STAGES OF GROWTH FRAMEWORK EXPLAINS ECONOMICSTRUCTURAL CHANGE.1. How can we promote sustainable development? Elaborate and explain