Future Economists

Seeds of future prosperity lies in today's children,
Let's join our hands to nurture the seed,
To its fullest growth,
for the greater welfare of Society.
Let's be united to remove the
poverty and corruption.


Wednesday, May 22, 2013

Standard of living and Economic Development



Grade 12B A2
 

‘Developing countries have a low standard of living, yet many have much wealth in natural resources which multi-national companies would like to exploit.’

Discuss which is the better way of increasing the standard of living: to allow multi-national companies to exploit all the natural resources, or for the government to increase expenditure on education and health.


Time Duration for submitting the Article is 

 May 19th to 26 May,  2013 

 Write your answer here in 1000 Words. [50 Marks]
"Marks allocation will be in accordance to the Rubrics"
Note: I will give zero if your writing are not in accordance to the rubrics mentioned by me.

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