This argument makes sense as some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they don't have well-developed financial markets.
Why do economies in developing countries grow slowly?
The financial market is crucial for facilitating the flow of funds from individuals to investors to promote economic efficiency. It is exceedingly expensive and challenging to establish efficient financial markets in underdeveloped markets in emerging countries, which hurts economic growth.
What causes a country to grow faster than another country?
The labor force in nations having access to new technology and/or a wealth of research and development is frequently more productive than in nations without such access. Economic growth accelerates as productivity rises.
Learn more about financial markets: brainly.com/question/16623249
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Answer:
There are four types of competition in a free market system:
- perfect competition
- monopolistic competition
- oligopoly
- monopoly
Under monopolistic competition, many sellers offer differentiated products—products that differ slightly but serve similar purposes.
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Answer:2 : 1
Explanation:
current ratio = current asset/current liability
If current liability was $900,000 less $100,000= $800,000
Therefore the current ratio=
$1,700,000/$800,000 =
2 : 1
Answer:
C
Explanation:
C. online retailing and in-store retailing experience similar rates of product return.