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Topic: Developing Countries: Industrial Base, Human Development
Choose a developing country, and discuss its economic growth in the last 2–3 years. Discuss whether you believe the country is on a good course of economic growth and whether the macroeconomic policies are helping achieve this growth. Include the following information:
What is its GDP per capita and population growth?
Is it an open or closed economy?
The unemployment rate is an important economic indicator. Please review this video (://www.sophia.org/tutorials/employment-reportunemployment-rate) and discuss how your chosen country`s unemployment rate compares to that of America.
Identify the percentage of GDP that comes from exports and imports and its major export and import.
Identify the country`s type of economy: market, command, or mixed economy.
Has the value of the country`s currency compared to the U.S. dollar changed in the past year?
Developing Countries Name Institution Developing countries These are countries with less development in their industrial base and low human development index as compared to other countries. A developing country is characterised by lower life expectancy rates, poor education and literacy levels, low incomes, higher fertility rates among women and higher population growth. This paper will present a case study of Kenya as