Question

An underdeveloped country is a country characterized by chronic widespread poverty and less economic development than other nations. Emerging markets, developing countries, and newly industrialized countries are terms that are often used interchangeably for an underdeveloped country.

These countries have very low per capita income and many residents live in very poor conditions, including lacking access to education and health care. Additionally, underdeveloped countries have obsolete methods of production and social organization. These nations often experience high birth rates and high population growth, further contributing to their widespread poverty.

The most accurate way to categorize the development of countries is by using the Human Development Index (HDI). The Human Development index looks at each country’s human development such as life expectancy, education, and per capita income indicators. Human Development Index ranks countries on a scale from 0-1, from least developed to most develop.

 

Country	Human Development Index	Population 2020
Niger	0.354	24,206,644
Central   African Republic	0.367	4,829,767
South Sudan	0.388	11,193,725
Chad	0.404	16,425,864
Burundi	0.417	11,890,784
Sierra Leone	0.419	7,976,983
Burkina Faso	0.423	20,903,273
Mali	0.427	20,250,833
Liberia	0.435	5,057,681
Mozambique	0.437	31,255,435
Eritrea	0.44	3,546,421
Yemen	0.452	29,825,964
Guinea Bissau	0.455	1,968,001
Dr Congo	0.457	89,561,403
Guinea	0.459	13,132,795
Gambia	0.46	2,416,668
Ethiopia	0.463	114,963,588
Malawi	0.477	19,129,952
Haiti	0.498	11,402,528
Afghanistan	0.498	38,928,346
Sudan	0.502	43,849,260
Comoros	0.503	869,601
Togo	0.503	8,278,724
Senegal	0.505	16,743,927
Benin	0.515	12,123,200
Uganda	0.516	45,741,007
Madagascar	0.519	27,691,018
Lesotho	0.52	2,142,249
Mauritania	0.52	4,649,658
Rwanda	0.524	12,952,218
Tanzania	0.538	59,734,218
Solomon   Islands	0.546	686,884
Nepal	0.574	29,136,808
Myanmar	0.578	54,409,800
Angola	0.581	32,866,272
Cambodia	0.582	16,718,965
Zambia	0.588	18,383,955
Sao Tome And   Principe	0.589	219,159
Laos	0.601	7,275,560
Vanuatu	0.603	307,145
Bangladesh	0.608	164,689,383
Kiribati	0.612	119,449
Bhutan	0.612	771,608

 

       Part I.

1.      Discuss the idea of vicious circle of poverty of your chosen country. (2 marks)

2.      Explain the importance of GDP in the said country. (2 marks)

3.      Describe the concepts of absolute poverty to relate the situation of the country. (2 marks)

4.      Describe the impact of under populated of such country. (2 marks)

5.      Discuss the idea of ignoring the human welfare in that country.  (2 marks)

 

Part II.

1.      How do you apply the opinion of Prof. Nurkse on the supply side of vicious circle that “there is small capacity to save resulting from low level of national income” to your chosen country? (10 marks)

2.      How do you analyze the dependency ratio considering the ideas that it measure of the numbers ages from 0 to 14 and over 65 of age, compared with the total population to 15 to 64 of age of the country you have chosen? (10 marks)

3.      According to Adam Smith, an inquiry into the nature and causes of wealth of nation in which economics is primarily concerned with wealth. In this premise, how do you apply the concepts of wealth of nation in producing a product of the concerned country? (10 marks)

4.      Supposed that it is over populated country, how do you evaluate the effects of overpopulation considering that it is undesirable condition where the number of existing human population exceeds the carrying capacity of the country? (10 marks)Scoring Rubric for Essay (10 marks)