How Have Advancements of Technology Aided Economic Progress in Developing Nations?
How Have Advancements of Technology Aided Economic Progress in Developing Nations?
Homework Answers
Advancement of technology in the countries led to increase the efficiency to a higher level which means that the cost of producing reduced and this enabled the development and the economic progress of the margin. Apart from this it can also be mentioned that the advancement of trade enabled better communication and transportation services and this made the exchange and trade easier and contributed significantly in the economic progress of the nation's.
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How Have Advancements of Technology Aided Economic Progress in
Developing Nations?
Most developing countries do not have access to the technology available in developed nations, but these...
Most developing countries do not have access to the technology available in developed nations, but these developing nations need technology to create new jobs and stimulate the economy. Which aspect of inward FDI do these developing nations rely on to have access to needed technology? Multiple Choice O effects on foreign exchange rate Ο balance-of-payments effects Ο resource-transfer effects Ο employment effects Ο effects on competition
There are two questions related to Trade Policies for the Developing Nations. 1. What are some...
There are two questions related to Trade Policies for the Developing Nations. 1. What are some of the growth strategies that have been employed by the developing nations? How successful are these strategies? 2. Describe the flying-geese pattern of economic growth? What countries have pursued this strategy?
Which of the following most accurately states the importance of technology as a source of economic...
Which of the following most accurately states the importance of technology as a source of economic growth for less-developed countries? O a. Restraints imposed by the slow advancements in modern technology have severely constrained the growth of less-developed countries. O b. If modern technology was the only requirement for economic growth, less-developed countries would be growing rapidly. O c. Most less-developed nations have the necessary complementary factors of production to make good use of modern technology if they could just...
4. Economic interdependence is greater for: a. small nations b. large nations c. developed nations d....
4. Economic interdependence is greater for: a. small nations b. large nations c. developed nations d. developing nations Answer:
QUESTION 1 How has deforestation effected developing nations? O A. There has been no problem with...
QUESTION 1 How has deforestation effected developing nations? O A. There has been no problem with deforestation in developing countries. OB. Developing countries are so desperate for economic development, they have many logging restrictions. OC. Developing countries are not desperate for economic development, so they need few logging restrictions OD. Developing countries are so desperate for economic development, they have few logging restrictions. QUESTION 2 What is the oldest ecosystem on the Earth? O Atropical wet forests B. deciduous forests...
Describe the advancements to both computer technology and HOW it has impacted organizations. What would you...
Describe the advancements to both computer technology and HOW it has impacted organizations. What would you consider to be some of the key changes in technology over the last 50 years? Which ones have had the most impact on organizations?
Do wealthy nations using the labor of developing nations have responsibilities to the people and environment...
Do wealthy nations using the labor of developing nations have responsibilities to the people and environment of that country? Why or why not? Be sure to use examples of existing companies to support your response.
Mention at least two trade problems of the developing nations. What are some of the growth strategies that have been emp...
Mention at least two trade problems of the developing nations. What are some of the growth strategies that have been employed by the developing nations? How successful are these strategies? Which strategy do you think works the best? Please make sure to provide a real-world example and describe how a specific country adopted one of these strategies.
Technology Advancements in technology and the growth of the Internet in the early 21st century have produced a slew of e...
Technology Advancements in technology and the growth of the Internet in the early 21st century have produced a slew of ethical dilemmas for companies. Company leaders have to balance the privacy and freedom of workers while also maintaining standards that require that company technology use is for legitimate business purposes. Certain companies go so far as to monitor all online use and email communication from employee computers and work accounts. A company may have this right, but its leaders need...
does economic policy have an effect on the rise of poverty in nations
does economic policy have an effect on the rise of poverty in nations
Most developing countries do not have access to the technology available in developed nations, but these developing nations need technology to create new jobs and stimulate the economy. Which aspect of inward FDI do these developing nations rely on to have access to needed technology? Multiple Choice O effects on foreign exchange rate Ο balance-of-payments effects Ο resource-transfer effects Ο employment effects Ο effects on competition
Which of the following most accurately states the importance of technology as a source of economic growth for less-developed countries? O a. Restraints imposed by the slow advancements in modern technology have severely constrained the growth of less-developed countries. O b. If modern technology was the only requirement for economic growth, less-developed countries would be growing rapidly. O c. Most less-developed nations have the necessary complementary factors of production to make good use of modern technology if they could just...
4. Economic interdependence is greater for: a. small nations b. large nations c. developed nations d. developing nations Answer:
QUESTION 1 How has deforestation effected developing nations? O A. There has been no problem with deforestation in developing countries. OB. Developing countries are so desperate for economic development, they have many logging restrictions. OC. Developing countries are not desperate for economic development, so they need few logging restrictions OD. Developing countries are so desperate for economic development, they have few logging restrictions. QUESTION 2 What is the oldest ecosystem on the Earth? O Atropical wet forests B. deciduous forests...
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