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Role of central bank in economic development?
Central banks play a huge role in economic development. They manage a state's money supply, currency, and interest rates.
What is the role of public enterprises in national and economic development?
They have the ability to influence inflation / deflation and so setting a price in different areas which probably can lead to a development depending on the circumstances. This was an example of the national development and the role of public enterprises within that. However they also play an important part in the economic development of an area / a country. They influence spending and have got the 'power' to change services in (rural mostly) areas.
What country did not play a role in the earliest development of global interdependence?
england
What role do consumers play in economic decisions in command economies?
work in their country
What role does insurance play in the economic development of nigeria?
Insurance plays a very significant role in the economic development of Nigeria. With the insurance covers, more people are able to take the risk on investment which greatly boosts the economy.
What role does geography play in shaping the cultural and economic development of a country?
Geography plays a significant role in shaping the cultural and economic development of a country. The physical features of a region, such as its climate, terrain, and natural resources, can influence the types of economic activities that are viable. Additionally, geography can impact the movement of people, goods, and ideas, which can in turn shape the cultural practices and traditions of a society. Overall, geography can determine a country's economic opportunities and cultural identity.
What is the importance of education in the development of a nation?
Education play a integral for the growth and development of any country. If the individuals of a country are well educated, then they will play an active role in the development of the country. Without education no country can develop with rapid pace. Education = Back bone of any country!
Role of central bank in economic development?
Central banks play a huge role in economic development. They manage a state's money supply, currency, and interest rates.
What role do cottage industries play in India's economy?
economic development and employment.
What is the role of public enterprises in national and economic development?
They have the ability to influence inflation / deflation and so setting a price in different areas which probably can lead to a development depending on the circumstances. This was an example of the national development and the role of public enterprises within that. However they also play an important part in the economic development of an area / a country. They influence spending and have got the 'power' to change services in (rural mostly) areas.
How can you play a part in your country's scientific development?
by trying your best
What are the economic and political factors that affect the Philippines economic growth?
Economic factors that affect the Philippines' economic growth include inflation rates, exchange rates, fiscal policies, and infrastructure development. Political factors such as stable governance, corruption levels, and policy consistency also play a significant role in influencing the country's economic growth trajectory.
Give the importance of small and medium scale industries?
Small and Medium-scale industries (SMIs) can play an important role in the process of a country's industrial and economic development. In particular, SMIs can make significant contribution to achieve social and economic objectives such as labour absorption, income distribution, rural development, poverty eradication and balanced economic growth. The agricultural industrial sector plans stresses the need for a self reliant approach to development.
how essential is the participation of women in entrepreneurship?
if they have an equal opportunity and access to the resources they can play to the economic development.
What role do consumers play in economic decisions in command economies?
work in their country
What country did not play a role in the earliest development of global interdependence?
england
What role does insurance play in the economic development of nigeria?
Insurance plays a very significant role in the economic development of Nigeria. With the insurance covers, more people are able to take the risk on investment which greatly boosts the economy.
