Chapter 19.2, Problem 1R

To determine

To evaluate: The importance of confiscation, foreign aid, economic assistance, technical assistance, military assistance.

Explanation of Solution

The significance of confiscation, foreign aid, economic assistance, technical assistance, military assistance is as follows:

Confiscation: In certain countries, confiscation is often known as seizure. It is also an extremely valuable tool for protecting the legal system from penetration of organized crime.

Foreign aid: Providing help promotes the developing nation's growth along with fostering regional economic development. As a nation with developing countries, several problems are met with low industrial establishment. So, business expansion will help.

Economic assistance: External assistance will save the lives of millions of people around the world living in poverty. It covers health, education, infrastructure and humanitarian emergencies.

Technical assistance (TA) is the method of providing tailored help to an entity that has a need or a problem for growth. It is generally called consultancy. TA is one of the most successful ways to build an organization’s power.

The first argument is that military assistance helps improve the friendly nations' internal and external stability. Second, the leaders would be more accommodating towards US interests. And third, military assistance helps overthrow or challenge "leftist" regimes.

Economics Concept Introduction

Introduction: Foreign aid is very crucial because it helps to promote global economic growth as well as fostering sustainable development within the country. It will help with expanding the market. Providing assistance to a nation may mean extending the goods and services which can be exchanged between the two countries.