Every time you go to the grocery store, you try to wait in the shortest line. but the lines always seem to be roughly the same length. Everyone else is trying to choose the shortest line, too.
Microeconomics studies the business behavior and decision-making of individuals, households, or firms. More specifically, this area of economics focuses on the interactions between those who buy products (consumers) and those who sell them (producers). They help describe general patterns of behavior.
High-income countries have built grocery stores as a living standard advantage for decades, so even with high growth rates, low-income countries can struggle to catch up.
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They come from plants boii!
Myanmar has a history of recent transgressions against human rights and democracy. For most of its independent development, it was ruled by a military junta. The laws make it hard or impossible for foreigners to do many things, such as own ground. If foreign investors would be approved in Myanmar (which is not at all certain), they would not be sure that their property in Myanmar would be respected and e.g. not confiscated (nationalized).
