Explain what determines the level of economic development of a nation.

  • Explain what determines the level of economic development of a nation.
  • Identify the macropolitical and macroeconomic changes occurring worldwide.
  • Describe how transition economies are moving toward market-based systems.
  • Explain the implications for management practice of national difference in political economy.

 

6.2 Action Required:

Watch the video using the following link:

https://www.youtube.com/watch?v=hauUyoYD5-o