5. You nake a table below with some information after studying the products in 1850. Based on this, please discuss which country is most experienced export-led economic growth and 2 reasons why, including linkages effects. Discuss the possible effects of these exports on poverty and income inequality. Bolivia: Silver mining Mexico: Cattle hacienda Excavation equipment and chemicals |(imported); transport Natural and locally-produced feed, salts, water Main input costs Labor usage 1000 people/ha/year Mostly indigenous 10 people/ha/year mostly indigenous Ownership Foreign-1 owner National 4 families

5. You nake a table below with some information after studying the products in 1850. Based on this, please discuss which country is most experienced export-led economic growth and 2 reasons why, including linkages effects. Discuss the possible effects of these exports on poverty and income inequality. Bolivia: Silver mining Mexico: Cattle hacienda Excavation equipment and chemicals |(imported); transport Natural and locally-produced feed, salts, water Main input costs Labor usage 1000 people/ha/year Mostly indigenous 10 people/ha/year mostly indigenous Ownership Foreign-1 owner National 4 families

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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