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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.
Answer:
B) Retirement accounts of private sector employees.
Explanation:
Employee Retirement Income Security Act -
This act was initiated in the year 1974 , according to this act , the main focus is to protect and help the employees working in the private sector , to unsure there retirement funds .
This act gives minimum standard for the pension plans of people working in the private firm .
Hence , from the given options , the correct option regarding the Employee Retirement Income Security Act is ( B. ) .
Answer No 1)
In the three colonial regions, education was similar in the respect that all the 3 colonial regions knew the worth of education. All the 3 colonial regions made it compulsory to acquire education. All the three colonial regions made sure that boys went to acquire knowledge and girls remained at home and taught basic knowledge in their homes.
Answer No 2)
New England Colonies: The New England colonies was build on the percepts of Bible. They thought education was necessary so that people could read the Scriptures. Basic education was given to children at homes and then the boys went to Latin Grammar School while the girls remained at home.
Middle Colonies: Education in Middle colonies was based on practical matters. These people knew the worth of education but left it on the family of the child to decide whether education be given or not. All boys earned a skill or trade.
Southern Colonies: In these colones, education was considered a must for the upper class. The children of upper class were taught at any cost. Slaves were not taken interest in for teaching.
