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Why do developing countries usually have less variety in their economic activities? Limited access to education means that people are not trained to work in industry or technology. to get products they cannot produce. … What type of economic growth do most developed economies experience?
A standard is a repeatable, harmonised, agreed and documented way of doing something. Standards contain technical specifications or other precise criteria designed to be used consistently as a rule, guideline, or definition.
Which statement accurately describes a developing country? The country’s population has a high growth rate.
Why does an increase in literacy rates often accompany an increase in per capita income? People who have higher-paying jobs often have the time available to develop literacy skills. Developing countries have higher-than-average literacy rates, which typically leads to higher income.
If an economy is unable to produce wanted goods and services, then the people will look elsewhere for them. If a demand is not fulfilled by the current economy, the customers will go where their demand is fulfilled. Therefore, an economy must fulfill the demand of the customers and produce wanted goods and services.
Why do developing countries usually have less variety in their economic activities? Limited access to education means that people are not trained to work in industry or technology. to get products they cannot produce. … What type of economic growth do most developed economies experience?
Explanation: What characterizes a developing economy is the rapid pace of GDP and improved social indicators such as rising living standards and the rise of the middle class. GDP will be accelerated as production in the country increases.
Developed economies are responsible for helping developing economies progress. Developed economies focus only on service, not manufacturing, so they must outsource. Developing economies produce higher-quality goods, so it makes sense to outsource.
The poor in developing countries generally have the least access to clean water sources, and those same populations also may be the most directly exposed to environmental risks such as vector-borne diseases and indoor air pollution from solid fuel use.
Air pollution in developing countries tends to be worse than in developed countries because poor countries often lack the technology and resources to fight pollution. … Energy production is one of the most polluting activities because much of the energy production in developed countries comes from coal.
Why does an increase in literacy rates often accompany an increase in per capita income? * People who have higher-paying jobs often have the time available to develop literacy skills. * Developing countries have higher-than-average literacy rates, which typically leads to higher income.
Answer: People who can read and who receive an education are eligible for higher-paying jobs. Explanation: A population with a high level of education and literacy generates qualified people for jobs that pay a high salary and this generates an increase in income per capita.
Terrorism, Job Insecurity, Price Instability and Currency Fluctuation h are negative aspects of globalization.
How would a manufacturer benefit by using fewer scarce resources? The product would be less expensive to produce.
One disadvantage of mixed economies is that they tend to lean more toward government control and less toward individual freedoms. Sometimes, government regulation requirements may cost a company so much that it puts it out of business. In addition, unsuccessful regulations may paralyze features of production.
Why is pure competition considered an unsustainable system? Producers cannot make a profit if they keep dropping their prices. Excess supply is created when price or move away from the equilibrium point. … If supply for a product is low but demand is high, what most likely needs to happen to achieve equilibrium?
Developing nations are highly dependent on the advanced or developed nations. … Exports of developing nations are primary products (agricultural goods, raw materials, and fuels). coffee (Shutterstock) Some countries export drugs and low tech military goods to gain international currencies.
Most developing countries have these criteria in common: High levels of poverty – measured based on GNI per capita averaged over three years. For example, if the GNI per capita is less than US$1,025 (as of 2018) the country is regarded as a least developed country.
Physical factors – some areas have a hostile or difficult landscape. This can make development more difficult. Examples of this are very hot climates or arid (a lack of water) climates which make it difficult to grow sufficient food. Economic factors – some countries have very high levels of debt .
A developing economy also called a less developed economy or underdeveloped country is a nation with an underdeveloped industrial base, and a low Human Development Index (HDI) relative to other countries.
One social issue often facing developing countries is very high population growth. Most developing countries have an increasing population at a high rate, which poses a challenge to them in terms of equitable distribution of resources.
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How might foreign investment be problematic for a transitioning economy? Foreign investment can temporarily slow economic growth. It may be difficult to adjust to another nation’s influence. … It may be difficult to adjust to another nation’s influence.
Developing countries are particularly vulnerable to drought because of their geography and strong dependence on subsistence agriculture. The highly diversified economies of developed countries mitigate its effects, but do not eliminate human stress and major economic loss.
The impact of pollution is more severe in developing countries, leading to ill health, death and disabilities of millions of people annually. Developed countries have the resources and technologies to combat pollution. … This may lead to environmental pollution and degradation.
The developed countries can provide funds to open new schools and polytechnic institutions. These will not only increase the literacy rate, but will also provide vocational education. … This will promote help poor people to gain higher education. Finally, rich nations should help to improve the economy of poor countries.
While global leadership on climate change will require multi-faceted policy solutions, there is consensus that extreme weather and disruption from drought, flooding, and conflicts over natural resources disproportionately affect the developing world, particularly the poor and most vulnerable including women and …
Additionally, the dependence on agro-economy, use of fossil fuels and industrial activities by developing countries have made huge contributions to increased levels of greenhouse gases (GHG) that have escalated global warming and sponsored a changing climate [2, 3, 4, 5].
How To Reduce Air Pollution in Developing Countries