Economics of Developing Countries Essay Example | Topics and Well Written Essays - 1000 words

Economics of Developing Countries - Essay Example This strategy aims to increase the domestic production and reduce the dependency on foreign imports. Outward looking strategy Outward looking strategies are not just related to primary exports, but lay more importance on the trade of employment opportunities and other strategies which increases the level of income in the country. Trade expansion is to be used for economic growth and the generation of employment opportunities. b) India’s trade policies have changed rapidly since independence. Before independence India made imports for even those products which could be manufactured in India. But after independence there was a change in strategy and more emphasis is being laid on exports rather than imports. Today India has a strong trade policy and lays more emphasis on exports and follows the import substitute industrialization policy and restricts its imports. India now uses trade expansion as an instrument for economic growth and the generation of employment opportunities. I t has been effective in improving India’s economy especially developing the agricultural economy. The overall trade policy is good for Tamil Nadu as Tamil Nadu has increased its agricultural income. c) Both India and china have been successful in increasing their exports and reducing their dependence on imports. China has laid emphasis on the export of manufactured products, while India has laid much emphasis on the export of services. India’s exports are of capital and skill intensive products, while china’s exports are labor intensive goods. Both the countries have reduced their imports by the Import substitute industrialization strategy. Question 6: The article ‘Now we are seven billion’ states that Population growth has both positive and negative effects. Mr. Simon is of the opinion that prices would rise in real terms, when there is an increase in population. The article states that as the world economy boomed the population growth fell. Accord ing to the UN’s population division the world population will reach 7 billion as on 31st October 2011. According to Mr. Simon, the world’s rising population was not a problem since an increase in population is also related to an increased demand for investment. The author provides the example of China, where fertility is less and one child is the policy in the nation. The author states that china’s policy is a violation of rights. Encouraging smaller families is good for economic growth as it reduces the poverty in the country, but there are large families too. Although there is a basic view that rising population creates scarcity of resources, yet population is important for the economic growth of the country. The argument presented is that smaller families create economic growth. Smaller families create economic growth because smaller families’ means less poverty and each member of the family gets all the comforts of the life. Therefore this results in better economic growth of the country. The argument presented against is that when the population decreases then it reduces the growth of the economy, which again hampers the economic growth of the country. Thus population has both positive and negative effects. Question: V: DEEP in the South Atlantic, a huge business operation is under system that Brazil’s leaders say will turn their state into an oil power by the end of this decade. If the ambitious plans of the national oil

Antigone Essay Example | Topics and Well Written Essays - 750 words

Antigone - Essay Example p.). Of course, there are many other issues present in this tragedy; however, this paper would try to focus on the issue of laws, specifically on what would have happened when there would be no balance between the law of the gods and the law of man. In this case, this paper would try to cite different passages in the tragedy that may help illustrate on how the law of the gods were treated with respect of the law man, and on what may be its effects on Greek society as represented in the text. Body One of the main preludes to the tragedy was the civil war that happened in Thebes. The main participants in the civil war, on which the victor would be able to control the throne, were the brothers Polyneices and Eteocles (â€Å"Antigone† n. p.). However, both Polyneices and Eteocles where actually killed in the civil war, making way for Creon to actually occupy the throne (â€Å"Antigone† n. p.). In this case, Creon actually decreed that Eteocles would be honored while Polynei ces would be publicly humiliated through depriving him of burial, leaving his body to worms and vultures (â€Å"Antigone† n. p.). ... gh burying her alive in the cave (which was contrary to the law of the gods), starting the debate of Antigone and Creon on which law must actually be followed, the law of man (which is Creon’s law) or the law of the gods (â€Å"Antigone† n. p.). According to Antigone, the law of Creon must not be followed and that she has the moral obligation to bury the body of her brother despite it being contrary to the law given by him, given that such kind of law actually runs in contrary to the laws of the gods, making the decree of Creon morally corrupt and against the will of the gods (â€Å"Antigone† n. p.). According to Antigone, Yes; for it was not Zeus that had published me that edict; not such are the laws set among men by the justice who neither dwells with the gods below; nor deemed I that thy decrees were of such force, that a mortal could override the unwritten and unfailing statutes of heaven†¦Not through dread of any human pride could I answer to the gods for breaking these. Die I must—I knew that well (how should I not?)—even without thy edicts. But if I am to die before my time, I count that a gain: for when any one lives†¦can such any one find aught but gain in death? So for me to meet this doom is trifling grief; but if I had suffered my mother's son to lie in death an unburied corpse, that would have grieved me; for this, I am not grieved. And if my present deeds are foolish in thy sight, it may be that a foolish judge arraigns my folly. (â€Å"Antigone† n. p.) Despite such arguments by Antigone, however, Creon still stood ground in the law that he made, and even strengthened obedience to the law by creating a harsher punishment for Antigone (â€Å"Antigone† n. p.). In this case, Creon actually reasoned that there is no man that must be above law, or must