Examlex

Solved

Why Does Economic Development in Poor Countries Not Always Reduce

question 142

Essay

Why does economic development in poor countries not always reduce poverty? What economic development strategies could help decrease poverty in these countries?


Definitions:

Past Discrimination

Refers to historical instances where individuals or groups were treated unfairly or prejudiced against based on characteristics such as race, gender, religion, or nationality.

Gender Wage Gap

The average difference in earnings between women and men in the workforce, often highlighted as a measure of gender inequality.

Efficiency Wages

A theory suggesting that higher wages can enhance worker productivity by increasing morale, reducing turnover, and attracting more skilled employees.

Human Capital

The skills, knowledge, and experience possessed by an individual or workforce, viewed in terms of their value or cost to an organization.

Related Questions