Economics Homework Help
National University of Singapore Development of Nations Discussion
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How do nations improve?
In thinking about how nations around the world should pursue the goal of raising their standard of living, economists find it useful to divide those nations into three groups.
? First, provide a brief (one paragraph) overview of this week’s material.
? Identify and briefly describe each group, and include examples of nations that would be classified within each particular group.
? Using their group designation, identify the problem relating to growth policies associated with high-income countries and discuss the focus of main public policies targeted at addressing this problem.
