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What is the impact of current global crisis to the economy of developing countries?
Developing countries are ones whose economies are in the developing stage. They are in the growth phase. Much of their revenue is through export to developed countries like the US, UK etc. When a super power like the US is reeling under a crisis, the plight of developing countries is worse. Their GDP's would come down, unemployment, high inflation, lesser industrial production, lesser per capita consumption etc are some issues that would be faced by such countries.
Define inflationary economy under US GAAP?
define an inflationary economy
All productive resources are government owned an controlled under what kind of economy?
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
Is India a less developed country?
No it has the 4th largest Economy in the world.The Mumbai Skyscrapers and the New Delhi Airport, Metro,Roads and stadiums also tells us a part of the story!India has economy of $1.72 Trillion.So it will be a very developed country soon!
What countries still operate under mercantilism?
While no country strictly operates under classical mercantilism as it existed in the 16th to 18th centuries, some nations exhibit mercantilist tendencies through protectionist policies and state intervention in the economy. Countries like China and Russia employ elements of mercantilism by promoting exports, restricting imports, and using government support to bolster domestic industries. Additionally, some developing nations may adopt mercantilist practices to protect emerging sectors and achieve economic growth. However, in the globalized economy, most countries operate under a mix of trade policies rather than pure mercantilism.
What are stages of economic developmet?
There are three stages of economic development viz., under developed economy, developing economy, and developed economy. While many African countries are still regarded as underdeveloped economy, Indian economy has graduated to developing economy. US,UK,Canada, France,Sweden, Japan and now China have proudly scaled to developed economy.
Why did bush broke his pledge on read your lips no new taxes?
The economy went into a recession and the Democrat-controlled Congress put him under heavy pressure.
Is mixed economy under private control?
In a mixed economy some of the businesses are under private control and some of the businesses are run by the government. There is still a free economy if there is a mixed economy.
Why is India a rich country?
India is still under the category of developing countries, its not yet a developed country!
What is a summary of our economy under Spain?
our economy under Spain
The Roosevelt recession may have been the result of?
There was no "Roosevelt" recession. There was a depression caused by the Wall Street crash of 1929, which occurred under the previous Administration.
What countries are underdeveloped?
the most of the countrins of southen eastern Asia and Africa is under developed or developing like India, pakisthan, bangla desh, napal, bhutan, etc in Asia and u-ganda, tanzaniya, zimbewe, in Africa are most under developing countries.
What has not changed since the Korean War?
The cold war is still going on in the penisula. The people and the land are still in seperation. American military troops is still there. North Korea is still under strict planned economy.
What was the economy like under the soviet union?
The economy under the Soviet Union was under various degrees of disaster.
What is the impact of current global crisis to the economy of developing countries?
Developing countries are ones whose economies are in the developing stage. They are in the growth phase. Much of their revenue is through export to developed countries like the US, UK etc. When a super power like the US is reeling under a crisis, the plight of developing countries is worse. Their GDP's would come down, unemployment, high inflation, lesser industrial production, lesser per capita consumption etc are some issues that would be faced by such countries.
Obama's opinion on the economy?
Obama is currently running on the position that the economy has recovered under his watch, many however disagree. Obama does believe though that there is still room to grow.
Philippine economy under Spain?
The Philippines have not been 'under' Spain for more than 100 years.
