You are speaking with a friend from a country in sub-Saharan Africa and he remarks that, to him, it seems like the Western world is purposefully keeping countries in the global south poor. Regardless of whether or not you agree, what is something from this course that you could tell your friend to look into to further explore this possibility?

Q: New Zealand's economy development

A: The process by which a nation, area, or community raises the economic, social, and political…

Q: True or False According to estimates by ecological economists and scientists, we have sufficient…

A: Resources in the world are important for global sustainability. There are various natural resources…

Q: What Can We Learn from Development?

A: Economic and human factors may also be used to determine development. Developing countries in…

Q: Often there are trade-offs or sacrifices people must make in deciding what is important to them.…

A: catastrophic effects of global warming Rising temperatures, droughts, and bug outbreaks are all…

Q: I believe that yes, the United States is a just society. People can be whatever they want and make…

A: It can be defined as the economic and social system in which the means of production are owned by…

Q: Which of the following is an example of a one-commodity country?         Vietnam is…

A: The objective of the question is to identify which of the given countries can be classified as a…

Q: Explain the economic and political factors that make South Korea a developed country in Asia

A: South Korea's rigorous education system and so the establishment of a extraordinarily driven and…

Q: Free Markets are a way of connecting people who may mutually benefit by exchanging goods and…

A: One potential problem that may stand up from a monetary policy solely based on the perception in…

Q: Watch the following video clip about fair trade co-operatives in South America:…

A: International trade refers to the exchange of goods and services between countries or regions. It…

Q: Should America help support countries with weaker economies in hard times? Consider how the global…

A: Helping and supporting weaker economies will be a social action initiated by such large economy.…

Q: Share your views on the idea that economists make assumptions in order to make the world easier to…

A: Economist use assumption to make complex things into simple. Economics is a social science and…

Q: How does the mixed economic system benefit the global economy? Explain your answer.

A: Types of economic systems include command, market, and mixed economic systems. Command economic…

Q: To answer this question please refer to chapter 13, "Development Economics: The Wealth and Poverty…

A: Charles Wheelan's Naked Economics:Undressing the Dismal Science is a simple book to understand the…

Q: Explain the International Monetary Fund (IMF) and the World Bank's role in the global economy.

A: The international monetary Fund (IMF) and the world bank are prominent international monetary…

Q: Nations try to reconcile conflicting economic goals. The main one is: Innovation versus economic…

A: Scarcity is one of the economic problems which means human wants are unlimited but the supply of…

Q: It is important to understand the history and geography of countries. History impacts the values of…

A: The history and the geography of the countries are very important to identify the values as well as…

Q: How is a country classified by the World Bank and the United Nations (UN) (see also textbook for…

A: The world bank and united nations divides world economies different groups.World bank classification…

Q: Much of the world's cultures now engage in industrial agriculture, and all are linked in the global…

A: Sustainable means having the capacity to continue an activity or system for an extended length of…