hey can you please helping in the following question: with a reference to one LIC,how can the manufacturing industry stimulate economic development
x
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queen_idk
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- 29-10-2017 12:08
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What level are you at? A-level or GCSE?
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ns_2
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It is likely that in class you studied a LIC; if so, use that one - otherwise, pick one that has or currently is undergoing a process of industrialisation.
Detail the situation prior to industrialisation; GDP, dependecy ratio, GDP per capita, employment rate et cetera - do not forget the economic structure i.e. what percentage of people are employed/GDP is generated in the primary sector? in the secondary sector? and in the Tertiary sector? [It is unlikely that they would have a Quaternary sector but that is possible.]
Detail the process of industrialisation - what changed? any involvement from TNCs?
Detail its effects - i.e. economic growth - by how much has GDP changed? and per capita?
A good reference for facts is the CIA World Fact Book. -
queen_idk
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- 29-10-2017 12:15
(Original post by 0h_n0)
What level are you at? A-level or GCSE? -
ns_2
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(Original post by queen_idk)
GCSE -
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- 29-10-2017 12:24
(Original post by ns_2)
It is likely that in class you studied a LIC; if so, use that one - otherwise, pick one that has or currently is undergoing a process of industrialisation.
Detail the situation prior to industrialisation; GDP, dependecy ratio, GDP per capita, employment rate et cetera - do not forget the economic structure i.e. what percentage of people are employed/GDP is generated in the primary sector? in the secondary sector? and in the Tertiary sector? [It is unlikely that they would have a Quaternary sector but that is possible.]
Detail the process of industrialisation - what changed? any involvement from TNCs?
Detail its effects - i.e. economic growth - by how much has GDP changed? and per capita?
A good reference for facts is the CIA World Fact Book.
As ns_2 also said, the CIA world fact book is a good resource https://www.cia.gov/library/publicat...orld-factbook/
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Updated: October 29, 2017
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