Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Servant Leadership i...
Selected Cultural Context and Religious Viewpoint In this paper, the selected cultural context is Indian culture and the religious viewpoint is Hinduism. This paper will discuss how the concept of ser...

Servant Leadership in Diverse Context
Servant Leadership in Diverse Context

Selected Cultural Context and Religious Viewpoint

Discussion 1_1668682...
The most fascinating aspect of the history of photography that I discovered was how privileged we are today. I never imagined that people back then had no idea what their grandparents looked like or w...

Discussion 1
Discussion 1

The most fascinating aspect of the history of phot

Lesson 2 Discussion_...
In response to the first question, I can agree. Although I can see both sides. The goal (end) supersedes even the pursuit of knowledge even though it can limit our ability to obtain knowledge. Sometim...

Lesson 2 Discussion
Lesson 2 Discussion

In response to the first question, I can agree. Al

Unit 4 DQ1_Macro

Unit 4 DQ1_Macro

Q The catch-up model predicts that relatively poorer countries should grow more quickly than richer countries over time. 1. Write a paragraph explaining why this economic model would occur. 2. Have the predictions of the model been accurate? (Use an academic journal article to support your answer.) 3. What are some reasons that countries might have failed to “catch-up” over time? (Utilize current laws, politics, or economic conditions to explain.) (Use an academic journal article to support your answer.) 4. What, if anything, should those countries do differently in the future? (This can be a personal reflection based on the academic journal article information already analyzed.)

View Related Questions

Solution Preview

View Complete Solution
The catch up model is also known as the theory of convergence. In this mode, it states that the countries that are poor do grow much faster compared to that of the richer countries and there are several reasons behind this. Not only do the poor countries grow faster but they also attain a high level of per capita income compared to that of the rich countries. There are several reasons behind this though. The main reason can be considered that the poor countries do get the opportunity to take some of the important things from richer ones and implement in their own countries.