Economics Today and Tomorrow, Student Edition
1st Edition
ISBN: 9780078747663
Author: McGraw-Hill
Publisher: Glencoe/McGraw-Hill School Pub Co
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Question
Chapter 19.2, Problem 2R
To determine
To describe the reason that why developing nations gets financial aid from other developed countries.
Expert Solution & Answer
Explanation of Solution
| Reasons for Giving Foreign Aid | |
| Humanitarianism | Those countries who believe this ideology value human life and practice generous attitude to uplift humanity globally thereby gives aid to developing nation. |
| Politics | The political process may also lead to foreign aid for dominance of power to other developing countries. For example China provides various kind of financial aid to Sri-Lanka resulting in gainful business ventures for China. |
| National security | It refers to power to maintain the security to use economic power, political power, diplomatic power etc. |
Chapter 19 Solutions
Economics Today and Tomorrow, Student Edition
Ch. 19.1 - Prob. 1RCh. 19.1 - Prob. 2RCh. 19.1 - Prob. 3RCh. 19.1 - Prob. 4RCh. 19.1 - Prob. 5RCh. 19.2 - Prob. 1RCh. 19.2 - Prob. 2RCh. 19.2 - Prob. 3RCh. 19.2 - Prob. 4RCh. 19.2 - Prob. 5R
Ch. 19.3 - Prob. 1RCh. 19.3 - Prob. 2RCh. 19.3 - Prob. 3RCh. 19.3 - Prob. 4RCh. 19.4 - Prob. 1RCh. 19.4 - Prob. 2RCh. 19.4 - Prob. 3RCh. 19.4 - Prob. 4RCh. 19.4 - Prob. 5RCh. 19 - Prob. 1AACh. 19 - Prob. 2AACh. 19 - Prob. 3AACh. 19 - Prob. 4AACh. 19 - Prob. 5AACh. 19 - Prob. 6AACh. 19 - Prob. 7AACh. 19 - Prob. 8AACh. 19 - Prob. 9AACh. 19 - Prob. 10AACh. 19 - Prob. 11AACh. 19 - Prob. 12AACh. 19 - Prob. 13AACh. 19 - Prob. 14AACh. 19 - Prob. 15AACh. 19 - Prob. 16AACh. 19 - Prob. 17AACh. 19 - Prob. 18AACh. 19 - Prob. 19AACh. 19 - Prob. 20AACh. 19 - Prob. 21AACh. 19 - Prob. 22AACh. 19 - Prob. 23AACh. 19 - Prob. 24AACh. 19 - Prob. 25AACh. 19 - Prob. 26AA
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