6.1 Learning Outcomes:
- 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:
6.3 Test your Knowledge (Question):
Why does education lead to economic development? Discuss.
6.4 Instructions
Students are to answer the given question in Discussion Board.
