How Can Development Lead to Displaced Populations? Discuss Some of the Causes

question 35

Essay

How can development lead to displaced populations? Discuss some of the causes and consequences of such displacement.

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Definitions:

Crowding Model

A theory in public economics that describes how public sector investments can lead to a displacement of private sector activity, especially in cases of finite resources.

High-Paying Occupations

Jobs that offer wages significantly above the average for all occupations.

Domestic Output

The aggregate monetary value of goods and services created within a country's borders throughout a specified period.

Discrimination Coefficient

A measure used to quantify the extent to which prices are adjusted based on customer characteristics in markets where price discrimination occurs.