capital fromation, or investment, is funded by savings. Low incomes and high consumtption rates result in low savings rates hence a scarcity of funds for capital formation
what is the difference between capital and current expenditure what is the difference between capital and current expenditure
Many countries to, those are called 'third world countries'. There are a lot of them.
the contries with 3rd world dept are the ones who are poor
Some third world countries that receive aid are Madagascar in Africa and Guinea in Asia. Afghanistan, Yemen, and the Congo all receive some type of aid.
then advantages is that they simply exploit the third world countries
capital
Third World countries.
R. Nurkse has written: 'Problems of capital formation in under-developed countries' 'Equilibrium and growth in the world economy'
There are 47 third world countries today.
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
what is the difference between capital and current expenditure what is the difference between capital and current expenditure
third world countries which are in debt to countries which have more money and material. Third world is when devolving countries are in debt. countries like Africa which have no money or materials .
Developing countries are nations with lower levels of industrialization and lower standards of living compared to developed countries. They often struggle with issues such as poverty, high infant mortality rates, and lack of access to education and healthcare. These countries are working to improve their economic, social, and political conditions to catch up with more developed nations.
No. Phillippines and India are not considered Third World countries.
Yes, but third-world countries are now called "developing countries."
Only countries have capital cities. The world consists of many countries, all with their own capitals. None of them would be considered the capital of the world.
the third world dept is the poor countries dept the poor countries are the third world hello is gay and ameh rfor pusyols