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i need well explained answer for these questions kindly CASE STUDY ;Import substitution industrialization, however, had many shortcomings such as its association with overvalued exchange

i need well explained answer for these questions kindly

CASE STUDY;Import substitution industrialization, however, had many shortcomings such as its association with overvalued exchange rates, continued excessive dependence on imported inputs and concentration on the production of consumer goods. Fifthly, socio-cultural constraints are prevalent in many developing countries. These are often manifested in ethnic distinctions and regional loyalties which may stifle economic growth. Sixthly, many developing countries lack adequate entrepreneurial skills which are vital in economic growth since they are necessary to ensuring the risk-taking function and also that of combining factors of production. (c) The following policy measures may be implemented to combat poverty in developing countries. Firstly, the establishment of institutions which can contribute to an improvement in economic governance and hence reduced levels of corruption. Thus, for example, many developing countries are attempting to combat corruption by setting anti-corruption authorities. To be effective, however, such authorities should be independent and should have powers to prosecute corrupt individuals. Secondly, developing countries should aim to provide an enabling macroeconomic environment as a means to encouraging domestic and foreign investment. This implies that stability should be achieved in variables such as inflation and exchange rates.

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1.form the concept of the sensory information ,interrelate the mapping of natural language

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