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Are economic development measures standardized?
Standardized measures of economic development are used to identify the status of one's country, state, or local community.
Why the budget is important in a country?
Budget is very essential tool for the economic development of any country.
What country's economic development benefits from its abundant energy resources?
Russia.
How economic growth is different from economic development?
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
How does growth in population affect economic development of country?
Every one know that, now a days population increasing. due to increase in population , poverty is also increase. it affect on our economic development. growth of economic development stop by poverty.
Does demographic and social development are same?
no they are not same because demographic shows sex, race , culture of a country whereas social development means the work like building hospitals or schools is done in a country ,and social development also shows that a country is developed or not.
How does demographic transition relate to a countries development?
Demographic transition is the process where a country's birth and death rates decline, leading to changes in population growth. It typically occurs as a country develops economically, with improved healthcare and education leading to lower birth and death rates. As a country progresses through demographic transition, it can experience benefits such as a demographic dividend where there is a larger working-age population relative to dependents, which can boost economic growth.
What is mean by economic development?
How much the economy is growing in that country
Are economic development measures standardized?
Standardized measures of economic development are used to identify the status of one's country, state, or local community.
How demography can affect the destiny of a country?
Demography significantly influences a country's destiny by shaping its workforce, economic growth, and social dynamics. Changes in population size, age distribution, and migration patterns can impact labor markets, healthcare needs, and social services. A youthful population may drive innovation and economic expansion, while an aging demographic can strain public resources and necessitate policy adjustments. Ultimately, demographic trends can dictate a nation's stability, prosperity, and overall development trajectory.
What effect does a country's economic development have on international business?
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
. What effect does a country's economic development have on international business?
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
What information would be least helpful in measuring the economic development of a country?
hardly is something least helpful in measuring economic status of a country
Why the budget is important in a country?
Budget is very essential tool for the economic development of any country.
What country's economic development benefits from its abundant energy resources?
Russia.
What demographic stage is Niger in?
Niger is primarily in the early stages of the demographic transition model, characterized by high birth rates and declining death rates. This results in rapid population growth, with a young population and high fertility rates. The country faces challenges such as limited access to healthcare, education, and economic opportunities, which impact its development. Overall, Niger's demographic stage reflects significant potential for growth but also substantial hurdles.
How economic growth is different from economic development?
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
