Obstacles Toward Development

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(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 nonresidents who contribute to the
domestic economy. Many Third World countries have a low level of per capital
income, in addition there is a slower GNP growth compare to the developed
nations. Secondly, many people in third world countries are unhealthy and
constantly battle with disease while trying to stay alive. The infant mortality
rate is very high compared to the developed countries. One reason that leads to
this is that they do not have the access to safe drinking water and health
service. Clean drinking water is one of the major factors necessary to avoid
illness. Water-borne diseases such as typhoid fever, cholera, and a wide array
of serious or fatal diarrheal diseases are responsible for more ...

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countries,
domestic savings and foreign finance must be used to generate new investment in
physical capital goods. This will give more opportunity to the workers in terms
of education and training and have more high tech machinery to increase in the
productivity.
The high rate of population growth is the third obstacle toward
development. The birth rate in the third would country is so high that it is
counted as three-fourths of the population out of the whole world. Children
under the age of 15 is close to 40% of the total population in the third
countries as opposed to 21% in the developed countries. Older people and
children are often referred to as an economic dependency ...

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