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\"Please kindly answer all the questions. At least in short sentance. Please i n

ID: 233938 • Letter: #

Question

"Please kindly answer all the questions. At least in short sentance. Please i need all the correct answers tho. thank you Any help would be greatly appreciated. I will rate LifeSaver"

1) Characteristics and practices of the self-sufficiency approach to development

2) Primary, secondary, tertiary, quaternary, and quinary economic activities; know examples and differences between them and be able to match the type with their descriptions

3) The UN's Human Development Index (HDI) takes into account three factors. These are ________.

4) Difference between Inequality-adjusted HDI (IHDI) and HDI

5) According to the textbook, Africans comprise about 14 percent of the world's population, but only consume ________ percent of the world's goods.

6) Main criticisms against the WTO

7)The economic doctrine of neoliberalism consists of what three major tenets?

8) UN's Millennium Development Goals

9) Which two organizations were conceived to promote development after World War II, but have been criticized by some in more recent years as enslaving developing countries in debt?

10) What is free trade?

11) What is fair trade?

12) World region with the world's highest percentage of people living in poverty and suffering from poor health and low education levels

Explanation / Answer

1) Characteristics and practices of the self-sufficiency approach to development

Answer: practices that are involved in self-sufficiency include autonomous building, permaculture, sustainable agriculture, and renewable energy.

the characteristics of self-sufficiency is everything is suffient and cannot be asked by anyone, and reducing poverty takes precedence over encouraging a few people to become wealthy consumers.

2) Primary, secondary, tertiary, quaternary, and quinary economic activities; know examples and differences between them and be able to match the type with their descriptions

Primary invoves the extraction of raw materials from the earth,examples :water,vegetation,minerals

secondary invoves transformation of the raw materials into goods.examples:concerned with manufacturing and processing.

teritory involves suppling of goods to consumers.examples: exchange involves trade and transport and communication facilities.

quaternary involves the economy consists of intellectual activities. sector include government, culture, libraries, scientific research, education, and information technology.

Quinory involves highest level of decision making in the soceity

3)The UN's Human Development Index (HDI) takes into account three factors. These are ________.

Answer: A decent standard of living,access to knowledge,and a long and healthy life.

4) Difference between Inequality-adjusted HDI (IHDI) and HDI

Answer: The difference between the IHDI and HDI is the human development cost of inequality also known as loss to human development due to inequality.

The IHDI allows a direct link to inequalities in dimensions, it can inform policies towards inequality reduction, and leads to better understanding of inequalities across population and their contribution to the overall human development cost.

HDI allows Coefficient of human inequality,i.e it is calculated as an average inequality across three dimensions.a long and healthy life, knowledge and a decent standard of living.

5) According to the textbook, Africans comprise about 14 percent of the world's population, but only consume __1%______ percent of the world's goods.

10) What is free trade?

free trade means there is no restriction for the goods to be exported or imported to other countries.Amd no special taxes are placed for importing.

11) What is free trade?

Fair trade is a social movement whose stated goal is to help producers in developing countries and achieve better trading conditions and to promote sustainability.it is very much helpful for farmers and main trasparency.