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  1. Economic policies imposed on less developed countries by international agencies to create conditions encouraging international trade, such as raising taxes, reducing government spending, controlling inflation, selling publicly owned utilities to private corporations, and charging citizens more for services.

  2. Defining economic development through human development and standard of living principles. Analyzing access to social development constructs with a focus on healthcare and education. Explain gender inequality, what is causing it, and what the world is trying to do to address it.

  3. 18 Ιουν 2024 · GDP only measures DOMESTIC (NOT international impacts on the) economy using this formula: GDP = GOODS + SERVICES. Gross National Income. Another important measure of a country’s economic and social development is the Gross National Income (GNI).

  4. Economic development is better measured by indicators such as gross national product per capita and literacy rate, as opposed to the percentage of the population who speak a particular language.

  5. Understanding where and how people live is essential to understanding global cultural, political, and economic patterns. Changes in population are due to mortality, fertility, and migration, which are influenced by the interplay of environmental, economic, cultural, and political factors.

  6. Federal governments are able to maintain national cohesion by bridging physical or cultural barriers or providing means for resolving conflicts between subnational areas.

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