If richer regions can attract more investment than poorer regions because of their larger ex ante tax bases, then fiscal federalism adversely affects the growth prospects of poorer regions by reducing the resources available for either central or regional governments to fund valuable projects in poorer regions.Often geographical constraints, market imperfections, government policies, a lack of law & order, identity, per capita income and various socio-economic reasons can contribute to regional disparity such that some regions are more backward than other areas falling within the same nation

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3 years ago

this one of the measures of national income and output for a given country economy and is defined as the total market value of a

Maksim231197 [3]

Answer: Growth Domestic Product (GDP)

Explanation: GDP is the monetary value of all finished goods and products made within a country.

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3 years ago

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Write a one-page document on your opinion, what were the two most important inventions during Industrialization Era/Gilded Age?

Valentin [98]