I’m working on a management discussion question and need a reference to help me learn.
· Explain what determines the level of economic development of a nation.
· Identify the macropolitical and macroeconomic changes occurring worldwide.
· Describe how to transition economies are moving toward market-based systems.
· Explain the implications for management practice of national differences in political economy.
6.2 Action Required:
Watch the video using the following link: https://www.youtube.com/watch?v=hauUyoYD5-o
6.3 Test your Knowledge (Question):
Why does education lead to economic development? Discuss.