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It is true that economic growth, by increasing a nation's total wealth, also

enhances its potential for reducing poverty and solving other social

problems. But history offers a number of examples where economic growth was

not followed by similar progress in human development.

Instead growth was achieved at the cost of greater inequality,

higher unemployment, weakened democracy, loss of cultural identity, or

overconsumption of natural resources needed by future generations. As the

links between economic growth and social and environmental issues are better

understood, experts including economists tend to agree that this kind of

growth is inevitably unsustainable-that is, it cannot continue along the same

lines for long.

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How has free trade had different impacts on developing and developed countries?

Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.


Who developed Human Development Index?

The Human Development Index (HDI) was developed by the United Nations Development Programme (UNDP) in 1990. It was introduced by the Pakistani economist Mahbub ul Haq and the Indian economist Amartya Sen to provide a broader measure of development beyond just economic indicators like GDP. The HDI incorporates factors such as life expectancy, education, and per capita income to assess the overall well-being and quality of life in different countries.


Why do some countries find it hard to develop?

Development may be difficult to measure as regions within countries may have a large variation in development for example in china rural areas can be extremely undeveloped whilst the large Chinese cities are considerably more developed, this is also true in many other countries so it is hard to measure the whole development of a country when areas can be very different


What is a 1987 1 dollar peseta worth?

Dollars and pesetas are different currencies used by different countries. Please determine which one you have and what country issued it, then post a new question with that information.


Which economic activities are most clearly associated with different levels of development?

Economic activities vary significantly with levels of development. In less developed countries, primary activities such as agriculture and mining dominate, often employing a large portion of the population but yielding low income. As countries develop, there's a shift toward secondary activities like manufacturing, and eventually to tertiary activities such as services and technology in more advanced economies. This progression reflects increased investment in education, infrastructure, and technology, leading to higher productivity and income levels.

Related Questions

What is development theory?

Development theory: the view the Lesser Developed Countries (LCDs) have become economically dependent on the Economically Developed Countries (EDCs) through the system of international capitalism


Why are devoloping countries different?

Developing countries differ from developed countries in terms of their economic, social, and political development. Developing countries often face challenges such as poverty, inadequate infrastructure, limited access to education and healthcare, and political instability. These factors contribute to disparities in income, living standards, and overall quality of life between developing and developed nations.


What is the main different between developed countries and developing countries?

The income level and standard of living


How has free trade has different impacts on developing and developed countries?

Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.


How had free trade had different impacts on developing and developed countries?

Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.


How has free trade had different impacts on developing and developed countries?

Answer this question… It has made it easier for developed countries to import and export goods, but has sometimes led to the exploitation of workers in developing countries.


Why are different countries less or more developed?

ummm your a bit*h


What are the differences between the use of resources in developing and developed countries?

They were very extinct


Who developed Human Development Index?

The Human Development Index (HDI) was developed by the United Nations Development Programme (UNDP) in 1990. It was introduced by the Pakistani economist Mahbub ul Haq and the Indian economist Amartya Sen to provide a broader measure of development beyond just economic indicators like GDP. The HDI incorporates factors such as life expectancy, education, and per capita income to assess the overall well-being and quality of life in different countries.


How are LDC countries different from MDC countries?

An LDC country is one of the countries defined by the World Trade Organization (WTO) as a "Least Developed Country", e.g. Congo or Bangladesh. A MDC is a "More Developed Country", e.g. the US or European Union.


Why is obesity on the rise in developed countries?

They have more money in their pockets, and easy access to fast food restaurants and other types of junk food and snacks. Lesser developed countries spend this money on different things.


What is the Relation between occupational structure and development?

The distribution of the population according to the different types of occupations is referred to as the occupational structure. Occupations are generally classified as primary (agriculture, mining, fishing, etc.), secondary (manufacturing industry, building and construction work, etc.) and tertiary (transport, communications, banking, etc.). The proportion of people working in different activities reflects the economic development of a country. Developed nations have a high proportion of people in secondary and tertiary activities. Developing countries tend to have a higher proportion of their workforce engaged in primary activities.