Economic

Economic development is important to help poverty, because?

• Governments helping to develop schools and hospitals help local government

• Poverty can cause social discontent and political trouble

• The process of trading with lower income countries helps GPP

• low-income national economies are transformed into low performing economies

43% of the people in developing countries live below the poverty line. What is the poverty line?

• line that well financed do not cross

• People living $1.25/day

• People living $ 12.50/day

• People living in with their families in a 5 bed house

Developed industrial nations need a steady supply of?....

• Cheap professional labor

• important raw materials from the developing nations,,

• a less competitive trading system

One of the stages of Economic Development is?......

• Jump off

• Average equilibrium

• Take off

• Matrix EquilibriumYou

During semi development the 4th stage of economic development. During this stage:

• This leads to average per capita income.

• This leads to lower per capita income.

• Governments look to improve trading between new industries

• This leads to higher per capita income.

High development is the last stage of economic development, this is when?.

• Most people have negotiated with the government their demands

• Mature service and manufacturing industries decrease at this stage.

• Most people have met their basic needs and wants.

• Advance services and manufacturing diminishes

Limited natural resources can also hold back economic growth.

• Sometimes

• False

• True

• Hard to say

For many developing nations, health has become a major problem.

• As governments train doctors

• As families have lost property and primary income providers

• As governments cannot build hospitals

• As families have lost parents and primary income providers

Many developing countries do not have the reading ability and the high level of technical skills needed to ?

• Develop educational nurseries

• build an industrial society.

• build an astute society

• build a structured 2 tier society

In developing countries children cannot go to school because?

• they must study to help feed their families.

• they must work to help feed their families

• they must stay at home with private tutors

• they must walk to school everyday