Explain why the manufacturing sector can have higher productivity compared to the Agriculture sector in developing countries

Q: What are good economic institutions, why do so many developing countries lack them, and what can…

A: Economic institutions are the institutes or organisations that deal with money or with managing the…

Q: difference between economic development and economic growth?

A: Meaning of Economic Development: The term economic development refers to the situation under which…

Q: As a developing country India, write a short report on the sources and causes of long-run economic…

A: 'Economic growth' is described as a rise in the manufacturing of services and goods compare from 1…

Q: can you please differentiate economic growth with development?

A: Economic Growth: Economic growth measures the growth and progress of the economy in quantitative…

Q: How has the process of economic development been similar in Japan, South Korea, Taiwan, and China…

A: The economic rise of China and also the growing network of trade and investment relations in…

Q: ow could sustainable development contribute to economic progress in developing countries

A: Developing countries are defined by a variety of economic and social factors. They are often known…

Q: What do you understand as the most important difference between economic growth and economic…

A: Answer to the question is as follows :

Q: What are the key factors influencing the long-term economic growth of a developing country, and how…

A: Economic growth refers to an increase in the production of goods and services within an economy over…

Q: Why should the study of agricultural systems, particularly peasant agriculture, and the rural sector…

A: Economic growth and development, according to civil service economic research, is the process by…

Q: Differentiate between Economic growth and Economic developmen

A: There are many components related to the economy and macroeconomic policies along with the whole…

Q: Compare the concept of economic growth and economic development and show the link between them

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: Why is economics central to an understanding of the problems of development?

A: Economics brings the significant changes to the structure of the economy, its institutions such as…

Q: What are the things that a developing country should improve in order to strengthen its position in…

A: Having more money implies organizations have the assets to acquire capital, further develop…

Q: Explain the impact of entrepreneurship in economic development.

A: ENTREPRENEURSHIP Entrepreneurship refers to a process of setting up an enterprise i.e. business by…

Q: How labor force participation rate effecte Economic development?

A: Economic development is the improvement/increase in the standard of living by increasing the income…