INTERESTING FACTS WORLD

Incredible and fun facts to explore

Economic Development facts

While investigating facts about Economic Development Board and Economic Development Jobs, I found out little known, but curios details like:

The government can seize private property and sell it to another private owner for vague promises of "economic development." Suzette Kelo had her home demolished to build hotel-retail space, but the developer cancelled the project and the lot is now vacant. SCOTUS ruled in the City's favor.

how economic development is measured?

Russia is warming 2.5 times faster than the rest of the globe, because Soviet Officials felt that pollution control was an unnecessary hindrance to economic development and industrialization.

What economic development means?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what's economic development pdf. Here are 35 of the best facts about Economic Development Administration and Economic Development Pdf I managed to collect.

what's economic development?

  1. In order to make this process economically feasible and industrially useful, Bosch had to develop an entire chemical plant and its necessary equipment dedicated to functioning under intense pressures and temperatures.

  2. Japanese has a word for working oneself to death, "Karoshi." Despite economic prosperity, Japan continues to rank low on happiness metrics in the developed world. One factor: a crushing worklife.

  3. 'ship breaking' in the United States is not economically viable, so ships are exported to developing nations where labor is cheaper and environmental regulations on the disposal of toxic substances (lead paint, asbestos) are virtually non-existent.

  4. The Golden Arches Theory that says when a country has reached an economic development where it has a middle class strong enough to support a McDonalds network, it would become a "McDonald's country", and will not be interested in fighting wars anymore.

  5. Due to economic development languages are dying out faster than animals species. It's estimated of the current ~7000 languages one dies every 2 weeks.

  6. Even when mineral wealth is accounted for there is no logical explanation for Norway's high economic performance given its low rates of Research and Development.

  7. This probability theory was born out of Pascal's study of gambling problems, and had an important impact on the development of modern day economics.

  8. China provides 90% of the investment and accounts for 80% of North Korea's trade. China is building power plants, roads and transport infrastructure, Chinese businesses have invested in factories in North Korea's economic development zones

  9. New Orleans once had one of the largest Chinatowns in the American South. It was later cleared in 1937 during the Great Depression as part of an economic development project.

  10. The Resource Curse, in which certain types of resource-rich countries tend to be antidemocratic, have less economic growth, and worse development outcomes than countries without significant natural resources.

economic development facts
What economic development in nigeria?

Why is credit a crucial element in the economic development?

You can easily fact check why is sustainable development essential for economic growth by examining the linked well-known sources.

The Rwandan flag became so associated with the 1994 genocide that occurred there, the country adopted a new flag in 2001. The colours of the new flag, blue, yellow, and green, represent happiness and peace, economic development, and the hope of prosperity. The sun represents enlightenment.

North Korea's Kim Jong-il made secret visits to China 'for development lessons', apparently aimed at taking lessons from Chinese economic development back to his isolated and impoverished nation - source

The terms "First World Country" and "Third World County" have more to do with cold war geo-politics than economic development. - source

SCOTUS ruled that governments can enforce eminent domain to transfer land from one private owner to another private owner to further economic development.

A Kuznets curve graphs the hypothesis that as an economy develops, market forces first increase and then decrease economic inequality. - source

Factor mobility aids in economic development when?

Poundbury, the fake 18th century housing development built according to Prince Charles' anti-post modern principles, was described by ARCHITECT magazine like so: "Poundbury embodies social, economic, and planning innovations that can only be called radical."

How economic development of a country depends on its environment?

In 2009 Finland abolished it's Provinces, which had been led by appointed Governors since 1643, and replaced them with 15 Centers for Economic Development, Transport and the Environment throughout the country to administer government programs.

A Google chairman once went to North Korea to push 'science and technology as a path to economic development for the impoverished country'

Economic Hitmen are people who specialize in convincing countries in development to accept enormous loans and make sure they can't repay them in order to gain inmense benefit, or even enslave them.

The president of Chechnya chose his economic development minister through a reality television show similar to the Apprentice. The tasks tested contestants on their physical strength, which included boxing, archery, endurance sports, and if they could successfully cross a fast-flowing river.

Interesting facts about economic development

Bhutan has rejected GDP as a an indicator of economic progress, and instead measures GNH - Gross National Happiness - to measure the development of the country

The US established the Plowshare Program as a research and development activity to explore the technical and economic feasibility of using nuclear explosives for industrial applications

The UN says that economically developed countries should dedicate 0.7% of their GDP to foreign aid. Only 7 countries meet this.

China provides training in economic management and various civil-service skills for more than 10,000 bureaucrats from other developing countries. The training includes sessions where China’s successes in improving living standards are promoted.

Germany is the only country in the EU whose capital (Berlin) is less economic developed than the country's average

How economic development affect politics?

CIA tried to bribe the first Prime Minister of Singapore, Mr Lee Kuan Yew, with 3.3 million dollars to cover up a failed CIA operation in 1960. Instead of accepting the bribe, Mr Lee counteroffered, asking for $33 million dollars in formal foreign aid for Singapore economic development

On this day 65 years ago, 9 May 1950, Robert Schuman, who served as foreign minister of France, proposed a supranational European economic community that could help reconcile the belligerents in World War II. In time, the Schuman Declaration developed into the European Union.

It has long been held the most significant driver of violence against women is gender inequality. In 2010, the World Economic Forum published a study showing gender equality to be greatest in Iceland. Yet the government’s research there showed violence to be on par with other developed nations.

Chile leads in Latin American nations in human development, competitiveness, income per capita, globalization, economic freedom, and low perception of corruption. Since July 2013, Chile is considered by the World Bank as a "high-income economy", and hence as a developed country.

There's a place called The Kaesong Industrial Region that is a collaborative economic development between North Korea and South Korea where south Korean companies employs over 50 thousand north Korean workers.

Chinese President Hu Jintao once praised North Korea and it leader,s Kim Jong-il, for giving “top priority to improving people’s lives”. The Chinese Prime Minister said that Kim visited China to study its model of economic development by visiting prosperous coastal cities

This is our collection of basic interesting facts about Economic Development. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Economic Development so important!

Editor Veselin Nedev Editor