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mrs_skeptik [129]
3 years ago
8

In this lesson, you learned all about the economic development of foreign countries, including the many obstacles those nations

face. For today’s discussion, free write on the idea of economic development in foreign nations. Why have some nations been able to prosper while others remain very poor? What role should the United States play?
Your response should be about one or two well-developed paragraphs on this topic.
Business
1 answer:
crimeas [40]3 years ago
6 0

Answer:

Please see explanations below.

Explanation:

Economic development is the improvement in the standard,well being or quality of living of a country's citizen. It is an improvement to economic growth, which is the ability of a country to produce goods and services in large quantities over a period of time.

Most developed nations do not become developed overnight. These developments are as a result of long term plan and having focused leaders. When a country puts into perspective sound macro economic policies such as investment in critical infrastructure, encourage export , investment in and promotion of selected industries, universal primary and basic secondary education, investment in agriculture etc. All these are long term planning which most prosperous nations invested in.

Having a focused leader is also important for a Nation to prosper. When a country has a leader who is focused, then he would have vision for developing his country and work towards the fulfilment.

On the other hand, most nations remain poor due to so many reasons. Financial misappropriation, which is common among poorer nations especially in Africa. People misuse public funds which are meant to to provide infrastructure, healthcare; heavy taxation,etc. There is also lack of education. Unqualified people are employed in a position meant for those who are qualified.

The role of United States have always been ; proving funding for infrastructure development, health care facilities, education, military training, etc. Such roles should be sustained in these poorer nations and improved upon subsequently.

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slavikrds [6]

Answer:

This means that the equilibrium wage rate and employment will be determined by the intersection of the horizontal labour supply curve, and the downward sloping MRP (D) curve. The wage rate is determined by the whole market, and this sets the wage rate for all firms in the market.

Explanation:

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3 0
1 year ago
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Blue Ridge Bicycles uses a standard part in the manufacture of several of its bikes. The cost of producing 43,000 parts is $140,
kifflom [539]

Answer:

$71,000

Explanation:

The computation of operating income is shown below:-

Total costs if company bought = Cost of production × Outside supplier per unit) + (Fixed cost × Remaining percentage)

= (43,000 × $3.80) + ($68,000 × (100% - 30%))

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= $71,000

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8 0
3 years ago
Is a stackelberg solution a Nash (stable) equilibrium? Explain. 2. Does the solution change if stackelberg game is considered in
e-lub [12.9K]

The Stackelberg solution can be used to find the perfect or stable Nash equilibrium or equilibria.

<h3>What is this equilibrium about?</h3>

Other answers:

Based on the above, Note that the strategy profile is one where one serves best each player, and based on the strategies of the other player and it covers the fact that all player playing in a Nash equilibrium must be in every subgame.

Note also that The Stackelberg leadership model is said to be a kind off strategic game  that is played in economics where the leader firm is known to moves first and then the follower firms is said to then move in a sequential manner and I think, the solution do not change if stackelberg game is considered in the long run.

I believe that the stackelberg leader will not collude with the stackelberg follower but in a lot of cases, there may be a collusion.

Yes, a Stackelberg leader can be more likely or less likely to merge with the follower firm as a merger can be profitable to them.

Learn more about equilibrium from

brainly.com/question/517289

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8 0
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Which label appears on the button when you write the code snippet &gt;undo
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Explanation:

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According to the given code snippet, a "button" would be created with the label "cancel".  

3 0
3 years ago
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alexdok [17]

Answer:

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