How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Alex Your Own Question

Alex
Alex, Engineer
Category: Homework
Satisfied Customers: 2608
Experience:  BS in Business Administration with a major in MIS. 15+ years experience in software design and development.
50749495
Type Your Homework Question Here...
Alex is online now
A new question is answered every 9 seconds

1/ Under what circumstances has substantial state intervention

Customer Question

1/ Under what circumstances has substantial state intervention into the economy been helpful and in what cases has it had negative effects? In brief, how much (if any) state intervention is needed for economic development?
2/ Discuss the benefits of learning about the Third World development.

Please have all done by Wednesday. Thanks!
Submitted: 2 years ago.
Category: Homework
Expert:  Josie-Mod replied 2 years ago.

Hi, I'm a Moderator for this topic. I've been working hard to find a Professional to assist you right away, but sometimes finding the right Professional can take a little longer than expected.

I wonder whether you're ok with continuing to wait for an answer. If you are, please let me know and I will continue my search. If not, feel free to let me know and I will cancel this question for you. Thank you!

Customer: replied 2 years ago.

Hello,


 


Please give this question to expert: "getsetgo". He did the good job on this kind of topic last week.


Thanks!


 


PS: I am still waiting for the answer. Thanks!

Expert:  Josie-Mod replied 2 years ago.
Hi, I am a Moderator for this topic. I sent your requested Professional a message to follow up with you here, when they are back online. If I can help further, please let me know. Thank you for your continued patience.
Expert:  Alex replied 2 years ago.
Hi, I've worked with you before and can help you with this. What is the required word count and due date?

Thanks
Alex
Customer: replied 2 years ago.

Hello,


 


- Question 1 requires about 2 -3 paragraphs length.


In this discussion question, It is important also to analyze different models such as the command economy, Latin American statism, East Asia's developmental state.


- Question 2: requires also about 2-3 paragraphs length.


 


Just remember to give me 2 responses to what 2-my classmates did as usual you did help me before.


I will give you this information later.


 


Please try you best to give me all your solutions by Thursday.


Thanks!

Expert:  Alex replied 2 years ago.
Ok, let me take a look.
Expert:  Alex replied 2 years ago.
THIS ANSWER IS LOCKED!
You can view this answer by clicking here to Register or Login and paying $3.
If you've already paid for this answer, simply Login.
Alex, Engineer
Category: Homework
Satisfied Customers: 2608
Experience: BS in Business Administration with a major in MIS. 15+ years experience in software design and development.
Alex and 9 other Homework Specialists are ready to help you
Customer: replied 2 years ago.

In question #1, a friend of mine did as follows:


 


I have seen many third world countries raped of natural resources. Trees were a big thing in the Philippines. Once all of these resources are gone they take many years to replace and have to be imported in the meantime. With state intervention these type of resorces can be managed and the country can depend less on imports. I do not belive that the government needs to own everything like allof the natural resources. This may led to them plundering natural resources for their own financial gain. They just need to step in and control what they have so that future generations will have them also. It is had to imagine growing up in a place without forest and trees.


 


Please give me your comments. Thanks!


 


 


PS: Just help me to have 02 comments in all on question #1.


I will give you another one for question #1 in tomorrow.


(I will do by myself for question #2).

Expert:  Alex replied 2 years ago.
Need two separate comments like they are from different people in regards XXXXX XXXXX one post?
Customer: replied 2 years ago.

Hello,

 

Please give me your comment/ideas about what my friend did for question #1. I need your response to each one my friend did.

 

- I have seen many third world countries raped of natural resources. Trees were a big thing in the Philippines. Once all of these resources are gone they take many years to replace and have to be imported in the meantime. With state intervention these type of resorces can be managed and the country can depend less on imports. I do not belive that the government needs to own everything like allof the natural resources. This may led to them plundering natural resources for their own financial gain. They just need to step in and control what they have so that future generations will have them also. It is had to imagine growing up in a place without forest and trees.

 

-

In brief, how much (if any) state interventions is needed for economic development?

There are different opinions concerning the role of intervention needed for economic development. “European nations prior to the eighteenth century saw the state as the source and beneficiary of economic growth.”[1] In this respect, the state had complete intervention. “The recent collapse of the majority of communist nations has shown the weaknesses of state controlled ‘command economies’.”[2] Most countries now adopt an approach which comes somewhere between the state controlled ‘ command economy,’ and the ‘free market,’ which has no government regulation. Regardless, some government regulation is needed to control laws regulating banking, international trade, commerce, and environmental concerns. Concerning how much state intervention is needed for economic development, due to the diversity of the different nations, finding a solution for each would be complicated. But for sure, economic development requires close cooperation between business, agriculture, labor, and a highly skilled government bureaucracy in any nation. This would be complicated because most L-D-Cs do not possess those attributes.

[1],[2] Handelman, H. (2011). The political economy of third world development. In The challenge of third world development (p. 277).

Boston, MA: Pearson Learning Solutions.

 

 

Just do about 4-5 sentences in 01 paragraph for each response.

 

Thanks!

Expert:  Alex replied 2 years ago.
Got it, no problem.
Customer: replied 2 years ago.

Thank you!!!

Expert:  Alex replied 2 years ago.

Here you are:

 

While I agree that it is unfortunate that countries don't take the necessary steps to protect their renewable natural resources I don't necessarily believe that government regulation provides the complete answer. In many cases such things as trees are 100% renewable and can provide huge profits for companies as well as governments. The country must have companies willing to make such investments. Government regulation could simply lead to government control or the inability to produce wood products as the government may believe that protecting trees is more important than business. I'm not opposed to some areas being marked as national forest in order to protect them like the US but allowing complete government control is also not the answer. I believe there must be some balance in order to protect people and their livelihoods as well as the trees themselves.

 

I agree with your assessment that government regulation is needed in terms of controlling banking and international trade. The reason is that there must be a set of rules by which everyone plays. Governments role is to set the rules and then let the private market create the products and services that people demand. You are also correct in that command economies where central planners determine the supply of products to produce without knowing demand will result in failure. In some cases government regulation can become so burdensome that the free market isn't allowed to work which can result in failure much like a completely state controlled economy. The primary point is that the role of the government is not one of setting quotas or supply amounts but simply acts as the referee among the individuals in the fair market producing products.

 

Thanks

Alex

 

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
< Last | Next >
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
  • http://ww2.justanswer.com/uploads/LI/lindaus/2012-6-10_04811_IMG20120609164157.64x64.jpg Linda_us's Avatar

    Linda_us

    Finance, Accounts & Homework Tutor

    Satisfied Customers:

    3121
    Post Graduate Diploma in Management (MBA)
  • http://ww2.justanswer.com/uploads/ComputersGuru/2010-02-13_051118_Photo41.JPG LogicPro's Avatar

    LogicPro

    Engineer

    Satisfied Customers:

    3035
    Expert in Java C++ C C# VB Javascript Design SQL HTML
  • http://ww2.justanswer.com/uploads/lanis/2009-4-1_233717_phput9xef_c1pm.jpg Lani S.'s Avatar

    Lani S.

    Tutor

    Satisfied Customers:

    2457
    Registered Nurse, Internet Researcher, Private Tutor
  • http://ww2.justanswer.com/uploads/chooser77/2009-08-18_162025_Chris.jpg Chris M.'s Avatar

    Chris M.

    M.S.W. Social Work

    Satisfied Customers:

    2341
    Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
  • http://ww2.justanswer.com/uploads/JawaadAhmed/2009-6-27_12137_SIs_SHadi.jpg F. Naz's Avatar

    F. Naz

    Chartered Accountant

    Satisfied Customers:

    1975
    Experience with chartered accountancy
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg Bizhelp's Avatar

    Bizhelp

    CPA

    Satisfied Customers:

    1873
    Bachelors Degree and CPA with Accounting work experience
 
 
 

Related Homework Questions