Agricultural Reform

Descrição

How it affects development and growth
Ayman Shaukat
Mapa Mental por Ayman Shaukat, atualizado more than 1 year ago
Ayman Shaukat
Criado por Ayman Shaukat mais de 8 anos atrás
4
0

Resumo de Recurso

Agricultural Reform
  1. Commune system replaced HRS
    1. Sell surplus in the free market after state quota was met
      1. Led to an incentive effect where there surpluses in income and food
        1. This means more development in human and physical capital (through more food supply)
          1. More investment through VTEs and more consumption as disposable income rises
            1. Increases to AS and AD and subsequent increases in growth and GNI/capita
              1. Increases to standards of living and development as a result

    Semelhante

    Open door policy
    Ayman Shaukat
    Trade Liberialisation
    Ayman Shaukat
    Wealth
    Ayman Shaukat
    Net Foreign Equity
    Ayman Shaukat
    Balance of Payments
    Ayman Shaukat
    Trade Bloc
    Ayman Shaukat
    Protection
    Ayman Shaukat
    Capital and Financial Account
    Ayman Shaukat
    Globalisation
    Ayman Shaukat