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How education can make the rural market a different market?
Education is vital for development and growth of any economy.Educated people know much about technology with its latest versions,so they can use this factor in developing the products that are producedfrom the rural market , also increase the rate of its growth.Thats why developing countries which have limited education and limitedliteracy , suffer from lower rates of growth and they depend on exports.
What is tHe ability of countries to sPecialize in the production of certain goods is limited by the existence of what?
trade barriers :)
What are the difference of products sold by developing nation than those by developing countries?
Products sold by developed nations versus those solid developing nations are different in that those made in developing nations are cheaper and depending on the nation are inferior or sometime superior to the same product made in a developed nation. Developed nations have access to raw materials that may not be available in their own country, which can improve the products they can make for export. For example, China has access to copper and steel from the US and other countries. Recently, they purchased a US company, Smithfield Farms, that produces pork, which they need for their citizens. This is rapidly changing them from a developing country to a developed country. However, in doing so, they have ruined their environment and have limited the lives of their citizens to provide cheap labor. They have a way to go. India is another country that is on the rise, as their citizens become more educated in information technology and the medical fields.
Reasons why countries trade?
Countries trade in order to maximize their products and production. By specializing in only some of their products a country can use the limited resources in the world more efficiently!
What has limited the trade of the Andean countries with each other and with other nations?
The sizes of the mountains make trade difficult.
What continent is considered developing?
Africa is generally considered a continent with many developing countries due to challenges such as poverty, political instability, and limited access to essential services like education and healthcare.
Characteristics of developing countries?
There are a variety of characteristics of developing countries. These include low life expectancy, poor health and nutrition, low income, as well as limited access to basic goods.
Why are devoloping countries different?
Developing countries differ from developed countries in terms of their economic, social, and political development. Developing countries often face challenges such as poverty, inadequate infrastructure, limited access to education and healthcare, and political instability. These factors contribute to disparities in income, living standards, and overall quality of life between developing and developed nations.
Why do developing countries face challenges?
Developing countries face challenges due to factors such as limited access to education, healthcare, and technology, as well as political instability, high poverty levels, and inadequate infrastructure. These challenges can hinder economic growth and social development in these countries.
What do you notice about the population growth rate of the developing countries?
The population growth rate of developing countries tends to be higher than that of developed countries. Factors such as high fertility rates, improved healthcare leading to lower mortality rates, and limited access to family planning services contribute to this faster growth in developing nations. This can put pressure on resources and infrastructure in these countries.
In which continent the developing countries can be found?
Developing countries can be found in every continent, encompassing regions like Africa, Asia, Latin America, and parts of Europe. These countries typically face challenges related to poverty, limited access to resources, and underdeveloped infrastructure.
How many people live in developing countries?
Approximately 80% of the global population lives in developing countries, which is around 6 billion people. These countries are characterized by lower income levels, limited access to healthcare and education, and often face challenges related to poverty and inequality.
Why do developing countries fail to plan?
Developing countries may struggle with planning due to factors such as limited resources, inadequate infrastructure, political instability, and lack of expertise. Additionally, competing priorities, corruption, and dependency on external aid can also hinder effective planning processes in these countries.
Which type of agriculture is found primarily in developing countries?
Subsistence agriculture is primarily found in developing countries, where farmers grow crops to feed themselves and their families. This type of agriculture is often practiced on small plots of land with limited resources and technology.
Is North Korea a developed country?
North Korea is considered a developing country. It faces economic challenges, limited access to resources, and international sanctions that impact its development.
What obstacles do developing nations face?
Developing nations face obstacles such as lack of infrastructure, limited access to quality education and healthcare, political instability, corruption, poverty, and environmental challenges. These obstacles can hinder economic growth and development in these countries.
What is a peripheral country?
A peripheral country is typically a developing or underdeveloped nation that is economically dependent on more industrialized and economically advanced countries. These countries often have limited access to resources and technology and may experience exploitation by more powerful nations.
