Obstacles Toward Development
Beginning of paper
In this every day changing world, many of us are living in a comfortable home,
have enough food to eat, well clothed, healthy, and financially independent.
All these are provided to us because we are living in a well-developed country.
Others in the third world nation are not so lucky. They may ha ....
Middle of paper
.... of low incomes, high inequality, poor health
and inadequate education. The gross national product (GNP) is the most commonly
used measure of the overall level of economic activity. The gross domestic
product (GDP) measures the total value for final use of output produced by an
economy, by both residents and nonresidents. Thus GNP comprises GDP plus the
differences between the income residents receive from abroad for factor services
(labor and capital) fewer payments made to nonreside ....
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Word count: 1335
Page count: 5 (approximately 250 words per page)
