Question

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?
Do not worry about revision, punctuation, spelling, or grammar … JUST WRITE! Your response should be about one or two well-developed paragraphs on this topic.

Answer 1

Answer:

Q1 write on the idea of economic development in foreign nations.

Ans Differences in the economic growth rate of nations often come down to differences in inputs (factors of production) and differences in TFP—the productivity of labor and capital resources. Higher productivity promotes faster economic growth, and faster growth allows a nation to escape poverty.

Q2. write on the idea of economic development in foreign nations

Ans Development economics is a branch of economics that focuses on improving fiscal, economic, and social conditions in developing countries. Development economics considers factors such as health, education, working conditions, domestic and international policies, and market conditions with a focus on improving conditions.

Q3. What role should the United States play?

Ans The U.S. role in the world since the end of World War II is generally described, first and foremost, as one of global leadership, meaning that the United States tends to be the first or most important country for identifying or framing international issues, taking actions to address those issues.

Explanation:

Q1 write on the idea of economic development in foreign nations.

Ans Differences in the economic growth rate of nations often come down to differences in inputs (factors of production) and differences in TFP—the productivity of labor and capital resources. Higher productivity promotes faster economic growth, and faster growth allows a nation to escape poverty.

Q2. write on the idea of economic development in foreign nations

Ans Development economics is a branch of economics that focuses on improving fiscal, economic, and social conditions in developing countries. Development economics considers factors such as health, education, working conditions, domestic and international policies, and market conditions with a focus on improving conditions.

Q3. What role should the United States play?

Ans The U.S. role in the world since the end of World War II is generally described, first and foremost, as one of global leadership, meaning that the United States tends to be the first or most important country for identifying or framing international issues, taking actions to address those issues.