Many Developing Countries Are Known as Late Developers

question 62

Essay

Many developing countries are known as late developers. What does this term imply for the developing world? What are the challenges that they face?

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Definitions:

Licensed

Officially permitted to perform a particular activity or to operate under particular standards set by a regulatory authority.

Private School

A school that operates independently of the public school system and is funded through tuition, private grants, and donations.

Tuition Charges

Fees charged by educational institutions to cover costs associated with instruction and other services provided to students.

Endowments

Funds or properties donated to institutions, organizations, or individuals, intended to support ongoing achievements or livelihood.