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Economics Unit 5 - Global Economics Obstacles and Assistance for Economic Development Directions: Describe why each obstacle listed can slow down economic development. Then explain
Economics Unit 5 - Global Economics Obstacles and Assistance for Economic Development Directions: Describe why each obstacle listed can slow down economic development. Then explain how each method of assistance can help a nation try to develop their economy. ISSUE WHY IT'S AN OBSTACLE Rapid population growth Limited natural resources Limited capital resources Limited human resources Malnutrition Recently gained independence Government corruption Using a centrally-planned economy
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