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Obstacles Toward Development
Beginning of paper
In this every day changing world, many of us are living in a comfortable home,
have enough food to eat, well clothed, healthy, and financially independent.
All these are provided to us because we are living in a well-developed country.
Others in the third world nation are not so lucky. They may have no shelter,
limited food supply, and .... Middle of paper
.... (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 t ....
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Number of words: 1335
Number of pages: 5 (approx. 250 words per double-spaced page)
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