Which of the following policies could a relatively poor developing country adopt to promote economic growth? Check all that apply. O Establish and enforce strong property rights. Allow people and businesses to trade freely with foreign producers and consumers. Do away with patent and copyright protections so that new creations diffuse more quickly throughout the economy. Allow the government to make decisions about the economy's current production and investments for future production. O Provide the legal and regulatory environment necessary for the functioning of a sound banking system.

Identify one developed and one developing country.  Research their recent economic growth rates. Analyze differences in the countries that would help lead to different rates of economic growth.  In your response, be sure to avoid analyzing short-run factors of economic performance and focus on the factors that affect long-run economic growth.

What are the main challenges in achieving sustainable economic growth in developing countries? Don't use chatgpt otherwise give 10 downvotes

What are the different indicators-other than per capita GDP (PCI)-which economists in recent decades have been using to compare the levels of economic development across countries in 1800?

One of the biggest challenges for stimulating economic growth in high-income countries is Group of answer choices Meeting basic human needs like food, water, and shelter Limited investment opportunities Increasing education, innovation, and technology Determining how to wisely spend large reserves of savings to promote growth

Answer the following in essay form:   1. What is the perspective and methodology of economic development? 2. What is the difference between economic growth from economic development? 3. What are the various factors affecting both economic growth and development? 4. What are the characteristics common among developing countries? 5. What are the various issues related to the measurements of economic growth and development?

Understanding of growth is important because it means that the country wants to grow in which region and then can formulate its policies accordingly.

2. You are a manager at a large shampoo company and on the search for future markets. You identified two low income countries that look very dynamic: Country A has a GDP/capita growth rate of -1% and population growth rate of 9%. Country B has a GDP/capita growth rate of 7% and constant population. (a) Discuss which country you should focus on for your expansion. (b) Discuss if your answer would change if the products you are trying to sell are cars.

How quickly does GDP need to grow in order to provide for population growth?