Two factors that determine the demand for education in less developed countries are as follows
1) Distance from the school and geographical distribution of school place- In less developed countries people prefer schools which are nearest to their house so that they can do other work also. The further the school the lower the enrollment.
2) Quality of schooling- In less developed countries the number of qualified teachers is less and also the availability of textbooks are less. Student-teacher ratio and availability of textbooks affect the demand of education.
Mention any two factors that determine the demand for education in less developed countries.
Distinguish between a tenant farmer and a sharecropper. Whose exposure to risk is greater and why? Also, Mention any two factors that determine the demand for education in less developed countries. Next, Briefly discuss any two policy options for the developing countries for dealing with the environmental problems. Finally, Briefly discuss the Prebisch-Singer thesis related to the terms-of-trade problems faced by primary good exporting developing countries.
Mention two (02) important factors that can cause a negative demand shock to the economy, and two (02) important factors that can cause a negative supply shock to the economy. Explain briefly each of them.
Why do developing countries have a smaller ecological footprint than less developed countries, chroma why do less developed countries have a bigger ecological footprint that is developed countries
Determine whether each of the following statements about human resources and economic growth in less-developed countries (LDCs) is true or false. Statement Population growth increases both GDP and GDP per capita. Brain drain occurs when educated workers of LDCs pursue careers in wealthier countries. LDCs often experience rapid population growth with high human capital investment. The typical LDC often lacks the ability to educate and train its labor force. True False
1-What are the impacts of international banking operations on less-developed countries?
Offshore financial services in small countries (especially in less developed countries) ensue tax breaks and privacy for businesses, including companies, yet some people strongly believe that it is disadvantageous to the U.S. economy. Identify and explain three major reasons why or why not?
What factors cause private and social benefits and costs for education to diverge in developing countries? Are optimal years of schooling selected from a private perspective the same as the optimal years of schooling selected from a social perspective among primary, secondary, and tertiary levels of education? Make sure to include graphs in your answers
The law of comparative advantages explains why: A. Less-developed countries only trade among themselves B. Nations erect trade barriers C. Advanced nations will not trade with less-developed countries D. An advanced nation will not trade with other countries E. Nations trade with each other, regardless of their relative levels of economic development
Mention any two benefits of export promotion policy.
Consider a situation in which there are just two countries: an Origin, and a Destination country. Labor demand in the origin country is given by: wo=10-Lo Labor demand in the destination country is given by: wd=14-Ld. where Lo and Ld indicate the number of workers in the origin and destination countries, respectively. Initially, there are 5 workers in the destination country and 5 workers in the origin country. Assume that labor supply is perfectly inelastic in both countries (that is,...