The capabilities of a person are sourced from himself, his family, the community and the national and international economic and political environments.The core values of development are achieved in sequential manner.Gender Inequality Index is a measure of development.Social fractionalization is developing countries is generally caused by politics.Investment in health and nutrition of people is investment in human capital.The Gross National Income of any country is approached as a value added.Malnutrition, child mortality and life expectancy are the primary indicators of the health of people regardless of which nation they are from.When the S-shaped function cuts the 45-degree line of equality from above, the equilibrium achieved is stable.Institutions play a crucial role in the macro and micro perspectives of the development process.Decolonization is a relevant part of development for the colonized countries but not for the colonizing countries.There are adverse economic effects of manpower exports for the importing country.A nation which is a technological follower will necessarily have difficulty achieving development.

1. The capabilities of a person are sourced from himself, his family, the community and the national…

Answered: The capabilities of a person are…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The capabilities of a person are sourced from himself, his family, the community and the national and international economic and political environments.
The core values of development are achieved in sequential manner.
Gender Inequality Index is a measure of development.
Social fractionalization is developing countries is generally caused by politics.
Investment in health and nutrition of people is investment in human capital.
The Gross National Income of any country is approached as a value added.
Malnutrition, child mortality and life expectancy are the primary indicators of the health of people regardless of which nation they are from.
When the S-shaped function cuts the 45-degree line of equality from above, the equilibrium achieved is stable.
Institutions play a crucial role in the macro and micro perspectives of the development process.
Decolonization is a relevant part of development for the colonized countries but not for the colonizing countries.
There are adverse economic effects of manpower exports for the importing country.
A nation which is a technological follower will necessarily have difficulty achieving development.

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