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Why corruption is the main hindrance to the growth of national development?
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What are four obstacles to growth in developing nations?
Economic Growth, High Population, Poor Development, Corruption
What factors can be obstacles to economic development?
population growth, natural resources and geography, education and technology, religion, external debt, capital flight, corruption, and war and its aftermath.
Why is economic development important?
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
Why economic growth is not sufficient indicator for development?
Economic growth is just a key for development but not satisfactory indicator because its it does not consider the individual development of the mass of the member of state. It just explains the raise in per capital income which is at national levle and not individual level for incitance it does not explain about life expectance,human development index,physical quality of life index ect
What are four obstacles to growth in developing nations?
Economic Growth, High Population, Poor Development, Corruption
Is corruption an indicator of market growth?
No, corruption is not an indicator of market growth. In fact, corruption can hinder economic growth by distorting market mechanisms, increasing costs, discouraging investments, and reducing trust in institutions. Countries with high levels of corruption often struggle to achieve sustainable and inclusive economic development.
Define national development?
National development would be the expansion and growth of people in a defined territory or government. Maninder singh
Does corruption serve as an economic lubricant?
Corruption does not serve as an economic lubricant. Instead, it distorts market mechanisms, undermines fair competition, erodes trust in institutions, and hinders economic development by diverting resources to the benefit of a few at the expense of the majority.
How will high level of public corruption in Venezuela impact future growth rates?
he high levels of corruption impact Venezuela's future growth
The instruction for growth and development are in?
The instructions for growth and development are in DNA.
What factors can be obstacles to economic development?
population growth, natural resources and geography, education and technology, religion, external debt, capital flight, corruption, and war and its aftermath.
Effects of technology on national economy?
technology benefits and also create problems in an economy. technology used wisely will add growth and development to an economy and if used in an unwisely manner will decrease the speed of growth and development.
Why is economic development important?
economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.
How are growth and development different?
growth is you still are moving but development you are done
What is the physical fitness and growth and development?
physical fitness growth and development
What river is for growth and development?
The Delaware River is one of the rivers in the world for growth and development. The Han River is also used for growth and development.
