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What are three critical problems facing poor nations today?
Labor Efficiency
A measure of produced output by a labor unit or units in a defined time period, indicating productivity.
Psychological Growth
Refers to the development and maturation of an individual's mind, character, and ability to cope with and understand their emotions and the emotions of others.
Need Hierarchy
A theory of motivation proposed by Abraham Maslow, suggesting that people are motivated by a hierarchy of needs starting from basic physical requirements up to higher needs like self-actualization.
Progression Hypothesis
The concept that suggests an individual's needs or motivations follow a specific order or progression, similar to Maslow's hierarchy of needs.
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