Ways to improve economic development

Answer 1

Solutions to solve Economic Problem in the Caribbean

Technical assistance from the more developed countries to the less developed countries can provide skilled managerial, administrative, technical personnel and provision of technical research facilities for the less developed countries and there would also be an improvement in the countries’ finances at the same time as strengthening the economic system of the country.

The minister of agriculture can create community agricultural programs to encourage local farming and the people of the country can also encourage the use of local farmland for farming by purchasing locally grown foods at local food markets. Every money spent on locally grown food goes back to the country to improve the economic system.

Brain Drain can be prevented by improving the basic structure of the education system, the government also needs to ensure that there are good employment facilities for students by encouraging domestic and international investment in manufacturing, research and development.

The government can encourage them by not only offering them good jobs but also giving them a good salary.