Economic Development ↔️ Promoting environmentally responsible growth
Social Equity ↔️ Ensuring fair distribution of resources
Human capital development includes education, healthcare, and nutrition programs.
True
What are the primary goals of development strategies in developing countries?
Economic growth, poverty reduction
Effective development strategies are essential for achieving sustainable development and improving the overall well-being of the population in developing countries.
True
What is the primary aim of sustainable development?
Meet present needs without compromising future generations
Sustainable development principles help developing countries achieve balanced progress while safeguarding the environment
Social equity in sustainable development ensures fair distribution of resources and opportunities to all, especially marginalized groups.
True
Education and vocational training are key strategies for improving skills
What is the role of social security and welfare in human capital development?
Fostering social equity
Regulatory reforms for entrepreneurship include simplifying business registration and reducing bureaucratic barriers
Developing countries need to carefully regulate foreign investment and trade to maximize benefits and mitigate drawbacks.
True
Trade encourages technology transfer and specialization to achieve economies of scale
Foreign investment and trade can lead to the exploitation of local resources and labor
Human capital investment is a principle used in development economics to foster sustainable development.
True
Development strategies aim to foster economic growth, reduce poverty, and improve living standards
Sustainable development balances economic growth, social justice, and environmental protection
Adhering to sustainable development principles allows developing countries to achieve long-term progress.
True
Effective human capital development strategies include education, healthcare, nutrition programs, and social security.
True
Improved infrastructure is a key driver of economic growth
Maintaining roads, railways, ports, and airports reduces transportation costs
What type of energy sources should be transitioned to for a stable energy supply?
Renewable energy
What type of financial options should entrepreneurs have access to for starting and growing their businesses?
Loans and venture capital
Simplifying business registration processes reduces bureaucratic barriers for entrepreneurs.
True
Foreign investment creates job opportunities
Steps to manage foreign investment and trade
1️⃣ Align with development strategies
2️⃣ Ensure fair distribution of benefits
3️⃣ Protect local industries
4️⃣ Promote value-added exports
Establishing transparent procurement processes reduces corruption in the use of public resources
What do Social Sustainability Initiatives aim to address in developing countries?
Social inequalities
Successful sustainable development requires a balanced approach that considers both social and environmental dimensions.
True
Effective development strategies include improving infrastructure, investing in education and health, and promoting good governance.
True
Sustainable development aims to meet the needs of the present without compromising future generations
Order the strategies for effective human capital development:
1️⃣ Education and Vocational Training
2️⃣ Healthcare Improvement
3️⃣ Nutrition Programs
4️⃣ Social Security and Welfare
Without development strategies, economic growth in developing countries is likely to be limited
Match the outcome with the presence or absence of development strategies:
Economic Growth without Strategies ↔️ Limited
Economic Growth with Strategies ↔️ Substantial
Poverty Reduction without Strategies ↔️ Slow
Poverty Reduction with Strategies ↔️ Rapid
Order the principles of sustainable development:
1️⃣ Environmental Protection
2️⃣ Economic Development
3️⃣ Social Equity
What is the goal of human capital development?
Improve skills, knowledge, health
Match the human capital development strategy with its benefit:
Education and Vocational Training ↔️ Increased productivity, higher wages