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Is economic development more important than political freedom for developing countries?

They are both of extreme importance as no country has yet managed to maintain one without the other for long.


What is the most extreme form of socialism in economics?

The most extreme form of socialism in economics is often considered to be communism. In this system, all means of production and resources are owned collectively by the community, eliminating private property and profit motives. The government typically controls economic planning and distribution of goods and services, aiming to achieve a classless society where wealth and power are equally shared among all individuals. This contrasts sharply with capitalism, where private ownership and market competition drive economic activity.


What will a highly developed country likely not possess?

A highly developed country is unlikely to possess widespread poverty or extreme income inequality, as these issues are often addressed through robust social welfare systems and economic opportunities. Additionally, it may not have inadequate access to quality education and healthcare, as these are typically prioritized in developed nations. Furthermore, significant political instability and corruption are generally less prevalent in such countries, which tend to have strong institutions and governance.


What are the dangers of globalisation?

security (or reduced security), is one problem. The other is the issue for countries that were doing really well before globalization, they now face a future of diminishing world economic power. However the countries that had extreme poverty, will improve.


How many children live in extreme poverty?

5.8 million children live in extreme poverty.

Related Questions

What will be the future of humanity?

Humanity will have more political and economic liberty, but will still grapple with problems such as discrimination, climate change, extreme weather, poverty, corruption


Is neo-liberalism the solution to the world's problems or it is largely responsible for the world's problems?

Any extreme on either side of the political spectrum can present a number of problems. Neo-liberalism wouldn't solve anymore problems than neo-conservatism would.


What is the extreme political position?

There is no single extreme political position. There are a myriad of extreme positions, and that's just for one specific issue. All political issues have extreme positions, defined as a position which very significantly deviates from those positions held by the majority of the population.


What do you mean by political radicalisation of germany?

A radical solution is a more extreme kind of solution, so people who are radicalized are those who have come to believe that extreme solutions are needed. The political radicalization of Germany would be a trend of more people wanting extreme solutions for political problems, in Germany.


What group is on the extreme left of the political spectrum and favors strong government intervention in the economy?

Radicals are on the extreme left of the political spectrum.


Is economic development more important than political freedom for developing countries?

They are both of extreme importance as no country has yet managed to maintain one without the other for long.


When was Obscene Extreme created?

Obscene Extreme was created in 1999.


When was Extreme Associates created?

Extreme Associates was created in 1997.


When was Pinoy Extreme created?

Pinoy Extreme was created in 2006.


When was Extreme Networks created?

Extreme Networks was created in 1996.


When was To the Extreme created?

To the Extreme was created on 1990-08-28.


When was Zeebo Extreme created?

Zeebo Extreme was created in 2009.