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__________ most often limits product availability for consumers. A. Religion B. Culture C. Transportation D. Education
Weegy: C. Transportation most often limits product availability for consumers. (More)
Question
Expert Answered
Asked 8/5/2013 9:45:29 PM
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What are the benefits to India's economy expected to be as its dependency ratio begins to fall in future decades?
Weegy: Benefits to India's economy expected to be as its dependency ratio- People power There are two reasons why India will soon start to outpace China. One is demography. [ China's workforce will shortly start ageing; in a few years' time, it will start shrinking. That's because of its one-child policy—an oppressive measure that no Indian government would get away with. Indira Gandhi tried something similar in the 1970s, when she called a state of emergency and introduced a forced-sterilisation programme. There was an uproar of protest. Democracy was restored and coercive population policies were abandoned. India is now blessed with a young and growing workforce. Its dependency ratio—the proportion of children and old people to working-age adults—is one of the best in the world and will remain so for a generation. India's economy will benefit from this “demographic dividend”, which has powered many of Asia's economic miracles. The second reason for optimism is India's much-derided democracy. The notion that democracy retards development in poor countries has gained currency in recent years. Certainly, it has its disadvantages. Elected governments bow to the demands of selfish factions and interest groups. Even the most urgent decisions are endlessly debated and delayed. China does not have this problem. When its technocrats decide to dam a river, build a road or move a village, the dam goes up, the road goes down and the village disappears. The displaced villagers may be compensated, but they are not allowed to stand in the way of progress. China's leaders make rational decisions that balance the needs of all citizens over the long term. This has led to rapid, sustained growth that has lifted hundreds of millions of people out of poverty. Small wonder that authoritarians everywhere cite China as their best excuse not to allow democracy just yet. No doubt a strong central government would have given India a less chaotic Commonwealth games, but there is more ... (More)
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Asked 8/5/2013 10:23:44 PM
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