Many developing countries from Middle East to South America have attempted to master the process of development but have failed.
And one of the major reasons behind this is "Domestic Monopoly Power." Most of these countries are trapped in their local markets and do not open their markets internationally.
Domestic group interests have small incentives to open up their markets to international firms with advanced technologies.
However, if they even try to open their borders, they still remain trapped in low or middle levels of income.That's why poor countries remain poor over the period of time.
Depends on the pay. work untill you reach at least 30$ a day and you should be good if you are a starter.
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Answer:
The Meiji Restoration accelerated the industrialization process in Japan, which led to its rise as a military power by the year 1895, under the slogan of "Enrich the country, strengthen the military". Japan's economic powers are a major influence on the industrial factor of its country as well.
Answer: More money in all local economies & Increase in manufacturing
Explanation: I just took the test and these were the answers. :)