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Why is an economic surplus necessary for economic development?
Economic surplus is necessary for development because it means a economy is producing more than its consuming. So it is exporting and making money and getting richer which leads to development.
Why is economic development of the region limited?
Because it has few energy resources.
Why would having few energy resources limit economic development?
Because an economy needs energy in order to develop so if there is a lack of energy resources, there will also be a limit in economic development
How does an island of development promote economic development?
A. Islands of development contribute to mining industries because they continue to form mountains. B. Islands of development have been ruled by dictators since the 1950s as part of an economic experiment. C. Islands of development promote international development by creating new islands. D. Islands of development stimulate job creation in underdeveloped nations.
Importance of socio economic aspect in business?
Business, especially small business is a crucial part in the success or failure of economic development. This is so because of their ability to create jobs.
Why is an economic surplus necessary for economic development?
Economic surplus is necessary for development because it means a economy is producing more than its consuming. So it is exporting and making money and getting richer which leads to development.
Why is economic development of the region limited?
Because it has few energy resources.
Why would having few energy resources limit economic development?
Because an economy needs energy in order to develop so if there is a lack of energy resources, there will also be a limit in economic development
Why does Cuba have higher human welfare development than econcomic development?
It does because their is more health related facilities in Cuba the economic.
What are negative and positive effects of representative democracy?
negative-delay in decision making,less economic development comparing to dictatorship. positive- equitable sharing of economic resources,decisions are acceptable to all strata of society ,guards fundamental right,moreover people are supreme answered by hafsal.m.h@gmail.com
What are the economic reasons that justify the development of the EU?
because some things are going too wrong with it
After computing a elasticity demand and it result was negative what does it implies in economic?
The price elasticity of demand should be negative. This is because the relationship between demand and price, according to the law of demand, is negative.
How did Spain's conquests affect the economic and social development of Americas?
The social and economic development ruined the Americans by being kicked out of their homes and forced to marry the Spain's men because their were no Spanish women that came on the journey with them
How did Spain's conquest affect the economic and social development of the Americas?
The social and economic development ruined the Americans by being kicked out of their homes and forced to marry the Spain's men because their were no Spanish women that came on the journey with them
How did Spain conquest affect the economic and social development of the Americas?
The social and economic development ruined the Americans by being kicked out of their homes and forced to marry the Spain's men because their were no Spanish women that came on the journey with them
How does an island of development promote economic development?
A. Islands of development contribute to mining industries because they continue to form mountains. B. Islands of development have been ruled by dictators since the 1950s as part of an economic experiment. C. Islands of development promote international development by creating new islands. D. Islands of development stimulate job creation in underdeveloped nations.
Is development countable or uncountable?
Development can be both countable and uncountable depending on the context in which it is used. For example, "the development of a new software" is countable because it refers to a specific instance of development, while "economic development" is uncountable as it represents a broader concept or process.
