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Why dependency ratio higher in India?
It jest is
Why profit vary among firms?
s vary among firms? support each theory with practical five examples
Definition of dependency ratio?
The definition of dependency ratio is the percentage of dependents in the total population. This includes children from infants to 14 years and seniors who are above 65 years f age.
How is dependency ratio used in economics?
"The dependency ratio is used in Economics to measure the working population and non working population. It is age-population ration, and takes into account both dependents and productive populations."
What are the three elements of dependency theory?
There are three common features to the definitions which most dependency theorists share. First, dependency characterizes the international system as comprised of two sets of states, variously described as dominant/dependent, center/periphery or metropolitan/satellite. The dominant states are the advanced industrial nations in the Organization of Economic Co-operation and Development (OECD). The dependent states are those states of Latin America, Asia, and Africa which have low per capita GNPs and which rely heavily on the export of a single commodity for foreign exchange earnings.Second, both definitions have in common the assumption that external forces are of singular importance to the economic activities within the dependent states. These external forces include multinational corporations, international commodity markets, foreign assistance, communications, and any other means by which the advanced industrialized countries can represent their economic interests abroad.Third, the definitions of dependency all indicate that the relations between dominant and dependent states are dynamic because the interactions between the two sets of states tend to not only reinforce but also intensify the unequal patterns. Moreover, dependency is a very deep-seated historical process, rooted in the internationalization of capitalism. Dependency is an ongoing process.now u decipher their meanings
What is the Modernization theory and the dependency theory?
The modernization theory puts the most emphasis on economic development social and cultural change, and political stability. The theory believes that certain steps can bring success to every country and that the policies and ways of western countries is best. An important difference with the dependency theory is that western countries force their rules and policies on developing countries. The dependency theory was developed to criticize the modernization theory.
What do critics of dependency theory claim?
critics of dependency theory says that any nation that has stopped imports items to its country has lessen the competition and to improve work for better services which is rendered to customers.
Does dependency theory run in families genetics?
"The theory of dependency running in family genetics is an ongoing study. There is strong evidence that there is a genetic component to many dependencies therefore I would say that yes, it does run in family genetics."
Discuss the main tenets of the dependency theory and analyze its analytical relevancy to developing countries?
Dependency theory asserts that developing countries are exploited and kept in a state of underdevelopment by the dominant developed economies through unequal trade relationships and economic dependence. It highlights the role of historical colonialism and neo-colonial practices in perpetuating this dependence. Dependency theory remains relevant in analyzing the challenges faced by developing countries in achieving economic independence and sustainable development in the globalized world economy.
What are the main arguments of the dependency theory its causes and solutions of underdevelopment in third world countries?
Dependency theory argues that underdevelopment in third world countries is a result of the unequal economic relations between developed and underdeveloped nations, with the latter being dependent on the former. This dependency is perpetuated by factors such as neocolonialism, exploitation of resources, and unequal trade relationships. Solutions proposed by dependency theory include promoting self-sufficiency, reducing reliance on foreign investment, and fostering economic policies that prioritize domestic development.
Importance of dependency theory in policy making in Nigeria?
Becasue Nigeria is a third world country, the dependency theory claims that world banks and organizations which lend money and help to third world countries from developed nations create a dependecy from Nigeria to developed countries.
What are three examples of theory?
the theory of evolution, general relativity, quantum theory
What are Paradigms of Development?
Paradigms of development refer to different approaches or models that guide how societies think about and pursue development. These paradigms shape strategies, policies, and actions aimed at improving economic, social, and environmental conditions in a given society or region. Examples of paradigms of development include modernization theory, dependency theory, and sustainable development.
What are the Practical applicability of the dependency theory?
Dependency theory helps explain the unequal relationships between developed and developing countries, guiding policies that promote economic independence and sustainable development in the Global South. It highlights the importance of reducing reliance on foreign investments and markets, fostering local industries and trade agreements that benefit developing nations. By promoting fair trade practices and domestic resource mobilization, dependency theory offers a framework for addressing economic disparities and promoting self-reliance.
What are some traditional trade theories of globalization?
mercantilism, absolute advantages principle, comporative advantages principle, factor proportions theory, international product life cycle, dependency theory.
A region that belongs to another state?
Dependency
What are examples of scientific theory?
thank you,,,,
