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What is Ragnar Nurkse's vicious circle of poverty?
'A Country is poor because it is poor' Example-low income-low demand-low investment in goods-low productivity-low income.. this the vicious circle of poverty..........
Economic productivity has declined in some countries as a result of what?
Economic productivity has declined in some countries due to low demand and increase in the rate of Inflation.
What are the causes for low agricultural productivity?
Low agricultural productivity can be brought about by drought, flood, or other extreme weather conditions such as hail storms or unseasonable frosts and freezes. Poor soil and erosion can be factors as well as poor agricultural techniques and inferior or improperly stored seed.
Why levels of living and productivity is one of the common issues faced by developing countries?
Levels of living and productivity are critical issues in developing countries due to factors such as limited access to education, healthcare, and technology, which hinder human capital development. Low levels of productivity often result from outdated infrastructure and inefficient agricultural practices, leading to economic stagnation. Additionally, high poverty rates restrict consumer spending and investment, further exacerbating the cycle of low productivity and poor living standards. Addressing these challenges is essential for fostering sustainable economic growth and improving quality of life.
Why most projects fail in Low developed countries?
corruption, poor implementation, lack of funds, poor monitoring and evaluation
What causes low productivity on a company?
Low productivity in a company is caused by a number of factors. Poor management, employee dissatisfaction, outdated systems and personal problems of employees all contribute to low productivity.
What is Ragnar Nurkse's vicious circle of poverty?
'A Country is poor because it is poor' Example-low income-low demand-low investment in goods-low productivity-low income.. this the vicious circle of poverty..........
Economic productivity has declined in some countries as a result of what?
Economic productivity has declined in some countries due to low demand and increase in the rate of Inflation.
If some countries are poor why are they poor?
they countries are poor because they are low on money or they don't have any money. some country are poor because the government are selfish
What are the causes for low agricultural productivity?
Low agricultural productivity can be brought about by drought, flood, or other extreme weather conditions such as hail storms or unseasonable frosts and freezes. Poor soil and erosion can be factors as well as poor agricultural techniques and inferior or improperly stored seed.
Why levels of living and productivity is one of the common issues faced by developing countries?
Levels of living and productivity are critical issues in developing countries due to factors such as limited access to education, healthcare, and technology, which hinder human capital development. Low levels of productivity often result from outdated infrastructure and inefficient agricultural practices, leading to economic stagnation. Additionally, high poverty rates restrict consumer spending and investment, further exacerbating the cycle of low productivity and poor living standards. Addressing these challenges is essential for fostering sustainable economic growth and improving quality of life.
What are the names for rich and poor countries?
"Developed countries" are typically used to describe rich or high-income countries, while "developing countries" or "less developed countries" are terms used to describe poor or low-income countries.
Why are African countries poor today?
Africa is poor mainly due to corrupt governments and low education levels.
What happens to the economies of many countries om north africa when oil and natural gas prices are low?
When oil and natural gas prices are low, the economies of North African countries suffer.
Why do poor countries have low production capacity?
because they have less resources to produce more..
Why do some countries have a high death rate when other countries have a low death rate?
For lots of reasons. They may not have enough food. Diseases are more widespread. They don't have as good a health service as richer countries. Living conditions are not good, so they may not have clean water and the standards of hygiene are not as good. Many poor countries experience famine. Many poor countries are not as well equipped to deal with natural disasters, so they suffer more when they happen. For all of these reasons and many others, the death rate is higher and life expectancy is lower in poor countries than in richer countries.
What type of family has the greatest chance of being poor?
Americans has a low chance of being poor. Egyptians, Sudanese countries like that has more chance of being poor.
