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What is Japan's level of development?
japans level of development is the industrail stage. It is a highly developed country.
What effect does a country's economic development have on international business?
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
What is dr goh keng swee remember for?
Dr. Goh Keng Swee is remembered as a key architect of Singapore's economic transformation. As a prominent politician and Minister for Finance, he played a crucial role in shaping policies that fostered industrialization and economic development in the 1960s and 1970s. His contributions also include the establishment of the Singapore Economic Development Board and the development of the country's education and defense sectors. Dr. Goh's vision and leadership significantly helped lay the foundation for Singapore's rapid growth into a global financial hub.
Why were railroads developed in Arizona?
Railroads were developed in Arizona primarily for the purpose of transporting goods and resources. The state had significant deposits of copper, coal, and other minerals that needed to be efficiently transported. Additionally, railroads played a crucial role in connecting Arizona to the rest of the country, facilitating trade and economic development.
What is Egypt's level of industrial development?
Egypt is a newly industrialized country developed - Canada newly industrialized - Egypt developing - Sudan
What two methods can less developed country use to finance its economic development?
There two methods that less developed country can use to finance its economic development. The two are borrowing from other countries and collecting taxes from citizens.
What two methods can a less developed country used to finance its economic development?
The two methods that a less developed country can use to finance its economic development include borrowing from the World Bank, and agriculture. One method less developed countries can use to finance economic development is internal financing. Another method is foreign investment.
Is azerbaijan LEDC country?
Azerbaijan is classified as a developing country, often referred to as a middle-income country. It is not considered a Least Developed Country (LDC), but it faces challenges in areas such as economic development, infrastructure, and social development.
What does the acronym MEDC stand for?
The acronym MEDC stands for Michigan Economic Development Corporation. MEDC also stands for More Economically Developed Country, Mobile & embedded Developers Conference,Maryland Economic Development commission, and Missouri Economic Development Center.
What is the importance of power resources of a country?
Energy sources plays a very important role in the economic development of a country. A country having well developed sources of energy has a better chance of development rather than a country having less energy sources.
Is Tajikistan a developed country?
Tajikistan is not considered a developed country; it is classified as a developing nation. The country faces significant economic challenges, including high poverty rates, reliance on remittances, and limited industrialization. Despite some improvements in recent years, such as infrastructure development and access to education, it still lags behind in various human development indices compared to more developed nations.
What does ledc stand for?
what does LEDC stand for?Less economy developed country
Why are economic indicators low with a less developed country?
I think that its low because the country is not fully developed.
What are the Features of a developed country?
A developing country 1. Is that country which has relatively low standard of living, an undeveloped industrial base, and a moderate to low Human Development Index (HDI) score and per capita income, but is in a phase of economic development. 2. Usually all countries which are neither a developed country nor a failed state are classified as developing countries.
Is Syria a developed country?
Syria is considered a developing country due to its lower level of economic and social development compared to more developed nations. The ongoing civil war in Syria has also significantly hindered its progress towards becoming a developed country.
Why do you think some people are rich and some are poor explain?
it depends on whether they are in a more economic developed country (MEDC) or a less economic developed country (LEDC)
Is Infrastructure a significant factor that affects the economic development of a country?
Yes, infrastructure is a significant factor that affects the economic development of a country. It facilitates trade, enhances connectivity, and improves access to essential services such as education and healthcare, thereby boosting productivity and economic growth. Well-developed infrastructure attracts investment, creates jobs, and fosters innovation, ultimately contributing to a country's overall prosperity. Conversely, inadequate infrastructure can hinder development and exacerbate inequalities.
