Explain Why the LDCs Are Unable to Invest Much in Capital

question 19

Essay

Explain why the LDCs are unable to invest much in capital goods and human capital.

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Definitions:

Coding The Algorithm

The process of translating a set of algorithm steps into a programmable language to solve a specific problem.

Pseudocode

A notational system for algorithms that combines elements of programming languages and natural language.

Software Systems Approach

A methodology in software development focused on designing and managing the interplay between different software components as a cohesive system.

Program Requirement

A specification or condition that a software program must satisfy or achieve to be considered complete and functional.