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Developing Countries: Obstacles to Development definitions

컨트롤 버튼이 '내비게이션' 모드로 변경되었습니다.
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이 집합의 용어 (15)

  • Natural Resources
    Inputs from the environment essential for production, often scarce or foreign-owned in less developed economies.
  • Multinational Corporations
    Foreign-based firms controlling assets or resources, limiting local economic benefits in developing regions.
  • Human Capital
    Skills, education, and abilities of workers, frequently underdeveloped due to poor schooling and emigration.
  • Unemployment
    High levels of joblessness, reflecting underutilized labor and hindering economic progress.
  • Brain Drain
    Migration of skilled individuals to advanced economies, reducing the talent pool in their home countries.
  • Capital Goods
    Factories, machinery, and equipment necessary for production, often lacking in less developed economies.
  • Productivity
    Output per worker, closely tied to the availability of technology and capital in an economy.
  • Investment
    Allocation of funds to productive assets, often limited by risk aversion among local wealthy individuals.
  • Technological Advancement
    Introduction of new methods or equipment, requiring significant funding and infrastructure.
  • Infrastructure
    Physical and organizational structures needed for operation, often underdeveloped in poorer nations.
  • Tribal Allegiances
    Loyalty to local groups over national identity, diverting focus from unified economic development.
  • Religious Practices
    Beliefs and rituals that may limit work hours or redirect resources away from economic activities.
  • Government Corruption
    Misuse of public power for private gain, including bribery and embezzlement, impeding development.
  • Tax Collection
    Process of gathering government revenue, often inefficient or unjust in developing economies.
  • Educational Systems
    Institutions responsible for learning, frequently inadequately staffed and resourced in poorer countries.