The Catch-up notion that developing countries can catch up or converge with developed countries is one of the key insights of a branch of economics . According to the catch-up effect idea, which is based on the finding that less developed economies grew more quickly than wealthier nations, all economies would eventually converge in terms of per capita income.
Or, to put it another way, the less developed economies will figuratively "catch-up" to the stronger ones. The theory of convergence is another name for the catch-up effect. The Opening up their economics to free trade and building the social capacities.
To learn more about Catch-up, click here.
brainly.com/question/14895090
#SPJ4
Answer:
A variety of factors affect development, prenatally and postnatally. A non-biological factor, the drug use by parents before and after child´s birth, affect both.
Explanation:
Drug use before, during and after pregnacy problem outcomes form, both individual and environmental reasons. Drug prevention and treatment, traditionally focused on changing individual behaviours have had very limited impact
, as the environment hasn´t had necessary change, and the social determinants of drug use have increased, with exacerbating factors that include cognitive limitations, poor parenting and low family socio-economic status, causing the development of children, not receiving the nutrition and stimulation necessary, to be significantly impeded since the very conception, causing genetic predisposition to drug use; in neonatal and infancy, the consequence might be to get a child with difficult temperament
, in preschool, children could develop early behavioural and emotional disturbances, such as oppositional defiant disorder or, depression
; in primary school, children could be unable to self-regulate emotions and behaviour
; if they get to high school, children may be exposed to drug-using social contexts.
Answer:
market
Explanation:
for the top one market is where they trade
Answer:
True
Explanation:
Some countries are known to have people with special skills and competences that may not be available to others.
Hence where a company sees that the skills and competence required may not be adequately available in the local market, the company has the option of hiring employees from outside the country.
This may however be at a cost higher than the cost that would have been incurred if the company had hired the employee from the host country.
<span>Competition and the price of goods and services have a direct relationship. If there is more competition in a specific market then prices tend to lower; this is a good thing for consumers. For example; two companies are competing to sell more cell phones than their rival. If one company figures out a way to lower production costs and sales, the other will soon follow to keep up with the competition. </span>
