Qualification > Commerce
ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!
destructor:
Not only this but most govts in LEDC's focus on the primary sector and secondary sectors of employment.
Agriculture and farming is the most important in LEDC's...Most farmers are employed by the govt in most countries.
Mining and also many other occupations are funded and run by the govt but with the change of age privatisation is occuring
Merit and Public goods yeah...discouragement of De-merit goods is also done by the govt..
Steel making also is a very important source of employment..Again steel authorities are publicly run in most countries
but also at the same time there are many private firms employing lots of ppl..
J.Darren:
--- Quote from: destructor on June 03, 2010, 11:30:48 am ---Not only this but most govts in LEDC's focus on the primary sector and secondary sectors of employment.
Agriculture and farming is the most important in LEDC's...Most farmers are employed by the govt in most countries.
Mining and also many other occupations are funded and run by the govt but with the change of age privatisation is occuring
Merit and Public goods yeah...discouragement of De-merit goods is also done by the govt..
Steel making also is a very important source of employment..Again steel authorities are publicly run in most countries
but also at the same time there are many private firms employing lots of ppl..
--- End quote ---
Over dependence on agrictulture is one of the many reasons why LEDCs remain ... well, LEDCs.
Discouragement of consumption of de-merit goods can be achieved by excise duty. Whereas red-tape and tariff will reduce consumption of imported goods ...
Steel authorities are run by the government in the form of a public corporation in many countries in avoidance of monopoly and potential price manipulation ...
destructor:
--- Quote from: J.Darren on June 03, 2010, 02:34:19 pm ---Over dependence on agrictulture is one of the many reasons why LEDCs remain ... well, LEDCs.
Discouragement of consumption of de-merit goods can be achieved by excise duty. Whereas red-tape and tariff will reduce consumption of imported goods ...
Steel authorities are run by the government in the form of a public corporation in many countries in avoidance of monopoly and potential price manipulation ...
--- End quote ---
Dude Darren the govts in LEDC are relatively poor compared to MEDC's , hence they cannot afford to spend too much time and money on tertiary sector jobs primarily because they have no idea how to run them...
The governments dont look for a profit motive and as a result...govt's dont run tertiary sector industries....
They do not believe in a profit motive and at the same time have a low budget
rhea:
Why might a government try to redistribute income?
J.Darren:
--- Quote from: destructor on June 03, 2010, 05:59:30 pm ---Dude Darren the govts in LEDC are relatively poor compared to MEDC's , hence they cannot afford to spend too much time and money on tertiary sector jobs primarily because they have no idea how to run them...
The governments dont look for a profit motive and as a result...govt's dont run tertiary sector industries....
They do not believe in a profit motive and at the same time have a low budget
--- End quote ---
I am perfectly aware of this ... A lack of capital, infrastructure, education, skills and health care explains why LEDCs cannot undergo industralisation and become ... developed.
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