This topic contains a solution. Click here to go to the answer

Author Question: Define the following four references and name a country that you argue would fall into each ... (Read 36 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
Define the following four references and name a country that you argue would fall into each category.
 
  (a) First World
  (b) Second World
  (c) Third World
  (d) Fourth World

Question 2

Refer to Figure 4-6. What area represents producer surplus at P2?
 
  A) A + B + D B) B + D + G C) B + C + D + E D) B + D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

(a) The industrialized nations of the West are often referred to as First World. The United States and most European nations fit into this category.
(b) The formerly socialist nations of Eastern Europe used to be referred to as Second World. These countries included the former Soviet Union, Poland, Hungary, the former Czechoslovakia, and others.
(c) The term Third World has been the term that refers to all other nations other than the developed, industrialized nations or the socialist nations of the past. As a result, this term included nations along a vast spectrum of economic growth and development. Thus, countries like Argentina and Korea were grouped in with sub-Saharan African nations. Thus, a new term, Fourth World, has been developed. This term divided nations even further to represent their level of economic advance.
(d) The newly developed term Fourth World refers to countries that have fallen far behind the economic advances of the rest of the world. The countries that fall under this heading are in much of sub-Saharan Africa and some of Southern Asia.

Answer to Question 2

D




azncindy619

  • Member
  • Posts: 562
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

For a complete list of videos, visit our video library