Question bank: Economic Development: World

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Question 1:


The economy of nation-states is characterized by the concentration of capital in private hands, seeking to increase the profits of entrepreneurs. What is the main characteristic of the capitalist economy?
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Question 2:


Renowned economist Amartya Sen once stated, 'Development has to be more concerned with enhancing the lives we lead and the freedoms we enjoy.' With this in mind, consider the concept of economic development in a global context. How does Sen's statement connect with the disparity in economic development observed between different countries worldwide, specifically in terms of poverty reduction, job creation, and improvement of economic and social well-being?
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Question 3:


In his book 'The Geography of the World Economy' (2013), Paul Knox describes economic development as a multifaceted process involving the improvement of standards of living, reduction of poverty, and creation of jobs. He emphasizes that it is unevenly distributed, with some countries experiencing rapid growth and others lagging behind. Considering this, why might two countries with similar natural resources have differing rates of economic development? What factors, beyond mere resource availability, could contribute to this discrepancy?
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Question 4:


The formation of nation-states in the 19th century resulted in different economic models and practices over time. Currently, the countries of the BRICS group have stood out in the global economic scenario. Which of the following countries is NOT part of the BRICS group?
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Question 5:


During the formation of nation-states, several factors contributed to the consolidation and economic strengthening of these countries. Among the examples of well-established nation-states, we can mention the United States of America and the countries known as Brics (Brazil, Russia, India, China, and South Africa). Explain the relationship between the concepts of State, nation, territory, government, and country in the formation of nation-states and analyze the global economic patterns of production, distribution, and exchange of agricultural and industrial products, highlighting the role of the United States and the Brics countries in this context.
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