Question
You read about the history of two export products and their pattern in two countries. You make a table below with some information after studying
You read about the history of two export products and their pattern in two countries. You make a table below with some information after studying the products in 1850. Based on this, please discuss which country you think most experienced export-led economic growth and 2 reasons why, including linkages effects. Discuss the possible effects of these exports on poverty and income inequality.
| Bolivia: Silver mining | Mexico:Cattle hacienda | |
| Main input costs | Excavation equipment and chemicals (imported); transport | Natural and locally-produced feed, salts, water |
| Labor usage | 1000 people/ha/year Mostly indigenous | 10 people/ha/year mostly indigenous |
| Ownership | Foreign1 owner | National4 families |
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Managerial economics
Authors: william f. samuelson stephen g. marks
7th edition
9781118214183, 1118041585, 1118214188, 978-1118041581
