True. Developing countries tend to focus more on the goal of economic growth than developed countries.
<h3>What is developing country?</h3>
An independent nation that has a less developed industrial base and a lower Human Development Index (HDI) than other nations is considered to be a developing country. However, not everyone agrees with this definition. On which nations fall into this category, there is likewise no apparent consensus.
Low and middle-income country (LMIC) is a phrase that is frequently used interchangeably, but it only relates to the economies of the countries. The World Bank divides the world's economy into four categories based on gross national income per capita: high, upper-middle, lower-middle, and low income countries.
Subgroups of developing countries include least developed nations, landlocked developing nations, and small island developing states. On the other end of the range, nations are typically referred to as high-income or developed nations.
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Im pretty sure it might be A!
Explanation:
Constitution of Nepal 2015 (Nepali: नेपालको संविधान २०७२) is the present governing Constitution of Nepal. Nepal is governed according to the Constitution which came into effect on Sept 20, 2015, regarding the Interim Constitution of 2007.[1][2] The constitution of Nepal is divided into 35 parts, 308 Articles and 9 Schedules.
The Constitution was drafted by the Second Constituent Assembly following the failure of the First Constituent Assembly to produce a constitution in its mandated period after the devastating earthquake in April 2015. The constitution was endorsed by 90% of the total legislators. Out of 598 Constituent Assembly members, 538 voted in favor of the constitution while 60 people voted against it, including a few Terai-based political parties which refrained from the voting process.
Its institutions were put in place in 2010 and 2018 through a series of direct and indirect elections in all governing levels.
Governments apply a Minimum Wage policy on Businesses to ensure the employees working for the businesses do not get exploited and get paid fairly. The trade off here is that with the Minimum Wage law in effect the businesses would face an increase in labor costs, since they gotta pay them more than if there was no Minimum Wage law, and businesses would lose out on some profit due to this increase in labor costs. To reduce these costs businesses might let go of some employees, either by firing them or making them redundant (either way the employee is losing the job) and this increases the Unemployment Rate in the country which the government does not like, as one of the government’s aims is to keep the Unemployment Rate low in their country but with their Minimum Wage law in effect they keep the businesses in check to ensure they don’t exploit their workers but they end up increasing the Unemployment Rate due to Businesses trying to retain (get back) some of their lost profit (that they lost due to the government’s Minimum Wage law).
<span>Monopolies affected small businesses by forcing them to shut down. A small business cannot compete with large companies, especially their ability to buy goods in bulk. When a company buys goods in bulk, it is able to negotiate a better price. Small businesses cannot do this because they don't have access to as much capital as large businesses do. The Gilded age lasted from 1870 to 1900. It was a volatile time in the history of America. The Industrial Revolution had spread offering opportunities for many people to make a lot of money but, at the same time left many farmers and workers struggling for survival.</span>
