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What else can I help you with?
Can poverty lead to underdevelopment?
poverty is nothing but lack of basic standards of living. it might include less money or salary say 1$ per day, less education, improper health care, sanitation etc. these all factors contribute to underdevelopment.
How do economic institutions shape problems of underdevelopment and prospects for successful development?
Economic institutions play a crucial role in shaping the trajectory of development by influencing resource allocation, investment, and market efficiency. Strong institutions, such as well-defined property rights and transparent governance, foster an environment conducive to investment and innovation, thereby alleviating underdevelopment. Conversely, weak or corrupt institutions can lead to misallocation of resources, lack of accountability, and hindered economic growth, perpetuating cycles of poverty. Ultimately, the effectiveness of these institutions determines the prospects for sustainable and inclusive development.
What are development goals for a country?
Development goals for a country is usually dictated by its leaders and the vision that they have for their countrymen.
What are the characteristics of underdevelopment?
One answer:CHARACTERISTICS OF UNDERDEVELOPMENTHarvey Leibenstein (in the Related Link below) has classified the characteristics of underdevelopment under four major heads, namely 1.Economic2.Demographic3.Cultural and political4.Technological and Miscellaneous
What do you mean by under developed country?
Underdevelopment takes place when resources are not used to their fullsocio-economic potential, with the result that local or regional development is slower in most cases than it should be. Furthermore, it results from the complex interplay of internal and external factors that allow less developed countries only a lop-sided development progression. Underdeveloped nations are characterized by a wide disparity between their rich and poor populations, and an unhealthy balance of trade. Hope u got the answer.
What is the definition of underdevelopment?
Underdevelopment, relating to international development, reflects a broad condition or phenomena defined and critiqued by theorists in fields such as economics, development studies, and postcolonial studies.
What do you understand by underdevelopment?
Underdevelopment is when resources are not used to their full potential. The result of this is that local or regional development is slower than it should be.
What are the features of underdevelopment in Nigeria?
Explain the characteristics of under development in nigeria
What is meant by a country being under developed?
Under development is an economic term. Underdevelopment is when resources are not used to their full potential and results in local or regional development being slower in most cases than it should be.
The meaning of development and the meaning of underdevelopment?
Development: the act or process of developingUnderdevelopment: to develop (something) short of the required amount
How can development and underdevelopment represent two side of the same coin?
They are definitely two sides of the same coin For example the under development of many of the worlds poorest country's is as a direct result of the interference and in many cases deliberate sabotage of those under developed country's.
What causes country Liberia to be underdeveloped?
the effect of liberia underdevelopment
Are development and underdevelopment two sides of the same coin?
Yes, development and underdevelopment can be seen as two sides of the same coin, as they are interconnected phenomena often shaped by similar economic, social, and political factors. Development typically refers to progress in areas such as wealth, education, and infrastructure, while underdevelopment highlights deficiencies in these areas. The existence of underdevelopment often results from systemic inequalities, historical contexts, and resource distribution, which can perpetuate cycles of poverty and hinder overall progress. Thus, understanding both concepts is essential for addressing global disparities and fostering sustainable growth.
What is Andre Gunder Frank's Theory of Underdevelopment and show whether or not the theory can explain the state of development in many less developed countries today?
Andre Gunder Frank's theory of underdevelopment suggests that underdevelopment in many countries resulted from their historical interactions with developed countries, which exploited their resources and hindered their economic growth. While this theory provides insights into the root causes of underdevelopment, it may not fully explain the current state of development in many less developed countries today. Factors such as corruption, governance issues, and lack of investment in education and infrastructure also play significant roles in perpetuating underdevelopment.
Why is Iraq underdeveloped?
Iraq has faced political instability, conflict, corruption, and lack of infrastructure investments which have hindered its development. Wars and instability have eroded the country's social fabric and disrupted economic activities, leading to underdevelopment. Additionally, the country's reliance on oil exports has made its economy vulnerable to fluctuations in oil prices, further affecting its development.
What is economic underdevelopment?
Economic underdevelopment refers to a country or society with limited economic opportunities. This could mean few job opportunities, no healthcare system, limited food and water, as well as lack of schooling.
What is perpetuation of underdevelopment?
Perpetuation of underdevelopment refers to the continuation of socio-economic conditions that hinder progress and keep a region or community in a state of disadvantage. This can be caused by factors such as systemic inequality, lack of access to resources, political instability, and limited opportunities for growth. Addressing these factors is crucial to breaking the cycle of underdevelopment and promoting sustainable development.
