ups and downs in the business cylce.
During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
An economic advantage for a developed nations sometimes allow them to exploit developing nations. For instance, more money and resources allow bigger nations to exploit labor in undeveloped nations.
During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.
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To know which of the nations experienced the greatest growth someone needs to be able to know what the choices are for the nations. Without knowing what the specific nations are it is hard to know which one of them had the most growth.
During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
Profits for developed nations mean long hours and low pay for workers in developing nations. <----Nova Net
An economic advantage for a developed nations sometimes allow them to exploit developing nations. For instance, more money and resources allow bigger nations to exploit labor in undeveloped nations.
During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.
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Mixed economies
Hoover was blamed for the nation's economic problems because he thought that the best way to fix the economy was to let the economy fix it's self (do nothing).
Studies conducted by economists at the Federal Reserve Bank of New York indicate that under developed nations can benefit and increase their GDP by importing high technology products from developed nations. As a whole, trade between less developed nations and underdeveloped ones, have resulted in economic benefits for less developed nations.
Belize is a developed country. Countries are described as developed countries when they have a developed economy, and an advanced technological infrastructure when compared to other developing nations.
the panic of 1837 affected the nations economy by entering an economic depression where the business and unemployment fell to a very low level.