Question
In: Economics
Briefly discuss the role of capital accumulation in economic growth and development.
Briefly discuss the role of capital accumulation in economic growth and development.
Solutions
Expert Solution
Capital per worker rises when the rate of capital accumulation is greater than the rate of population growth. Hence, capital accumulation by enlarging the scale of production and specialisation increases the production and productivity in the economy and thereby promotes economic growth.The goal is to increase the value of an initial investment as a return on investment, whether that be through appreciation, rent, capital gains, or interest.
Rahul Sunny answered 2 years agoRelated Solutions
Briefly discuss the employment problem with respect to economic growth and development. Briefly discuss the migration...
Briefly discuss the employment problem with respect to economic
growth and development.
Briefly discuss the migration problem in the economic
development using the Harris-Todaro Migration Model.
Briefly discuss the employment problem with respect to economic growth and development.
Briefly discuss the employment problem with respect to economic
growth and development.
briefly discuss the role of population in economic development and include the Malthusian population theory in...
briefly discuss the role of population in economic
development and include the Malthusian population theory in your
discussion
Briefly discuss each of the following Structuralist Theories of economic development. The Rostow Stages of Growth...
Briefly discuss each of the following Structuralist Theories of
economic development.
The Rostow Stages of Growth Theory (List the stages and the
development characteristics of each stage in your discussion.)
The Balanced and Unbalanced Growth Theory
The Dependency Theory of Economic Development
The Lewis Dual-Sector Model of Economic Development
b. How do the above theories differ from the Classical and
Keynesian theories?
Explain the role of an increase in physical capital in economic growth
Explain the role of an increase in physical capital in economic
growth
The role of states in promoting economic development, especially economic growth, remains controversial. What are some...
The
role of states in promoting economic development, especially
economic growth, remains controversial. What are some of the
clearest cases (historical or more recent) where states have helped
propel such economic activities as industrialisation? How would one
explain successful cases of economic intervention by states?
Illustrate your answer with reference to at least two specific
country cases. A 1500word essay
(a) Discuss the role of an efficient public transport system in the economic development of a...
(a) Discuss the role of an efficient public transport system in
the economic
development of a region.
(b) Discuss the quality of a public transport system as expected by
the users.
'Development is the development of man, it is human being centered'. Economic development is economic growth...
'Development is the development of man, it is human being
centered'. Economic development is economic growth plus positive
changes in the factors or indicators of well being of the
masses.
Explain economic growth and examine or discuss some of the
factors or indicators of which positive changes will bring about
economic growth and lead to economic development.
Hints- examples of the factors or indicators include: physical
capital per worker, human capital per worker, natural resources per
worker, technological knowledge, savings...
'Development is the development of man, it is human being centered'. Economic development is economic growth...
'Development is the development of man, it is human being
centered'. Economic development is economic growth plus positive
changes in the factors or indicators of well being of the masses.
Explain economic growth and examine or discuss some of the factors
or indicators of which positive changes will bring about economic
growth and lead to economic development. Hints- examples of the
factors or indicators include: physical capital per worker, human
capital per worker, natural resources per worker, technological
knowledge, savings...
'Development is the development of man, it is human being centered'. Economic development is economic growth...
'Development is the development of man, it is human being
centered'.
Economic development is economic growth plus positive changes in
the factors or indicators of well being of the masses. Explain
economic growth and examine or discuss some of the factors or
indicators of which positive changes will bring about economic
growth and lead to economic development.
Hints- examples of the factors or indicators include: physical
capital per worker, human capital per worker, natural resources per
worker, technological knowledge, savings...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Let iqsort(A, 1, n) be an algorithm that sorts an array A with n integers. It...
- Write a program to print the number of class assignments you have done so far, the...
- This is in C# on visual Basic Write a base class that has two property members:...
- Greta, an elderly investor, has a degree of risk aversion of A = 3 when applied...
- Should certain categories of drugs be decriminalized? What might the impact be – in the short-...
- How does your initiative support student learning in the classroom? Cost/Factors for implementation the bottom you...
- Build your own computer from the ground up. You must define each part that you want...
ADVERTISEMENT