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What problem did the steamboat solve?

The steamboat revolutionized transportation by providing a reliable and efficient means of moving goods and people along rivers and inland waterways. Prior to its invention, river travel was often slow and dependent on wind or manual labor, making it difficult to navigate upstream. The steamboat's ability to travel both upstream and downstream significantly reduced travel time and costs, facilitating trade and commerce. This innovation also contributed to the expansion of settlements and economic development in regions previously difficult to access.


Are development and underdevelopment two sides of the same coin?

Yes, development and underdevelopment can be seen as two sides of the same coin, as they are interconnected phenomena often shaped by similar economic, social, and political factors. Development typically refers to progress in areas such as wealth, education, and infrastructure, while underdevelopment highlights deficiencies in these areas. The existence of underdevelopment often results from systemic inequalities, historical contexts, and resource distribution, which can perpetuate cycles of poverty and hinder overall progress. Thus, understanding both concepts is essential for addressing global disparities and fostering sustainable growth.


Why are index number called ecnomic barometer?

Index number are not called economic barometer. Some, but by no means all, economic variables are represented in index form to simplify comparisons over time. Since these may be considered as giving a picture of the economic outlook, they are sometimes called economic barometers.


What is anomic suicide?

Anomic suicide is a suicide resulting from a lack of normative integration; in such a situation, individuals feel rootless and disconnected from guiding norms and values. In simple words, anomic suicide occurs due to an individual not feeling as if he/she fits into the society anymore-this feeling is a result of the society changing drastically due to economic boom or industrialization or many such factors. Eg: investors often commit suicide when they see that they have lost all the money they invested.


What are the four components of COIN?

economic, politics

Related Questions

Who contributed to the economic development of the US?

a variety of people


What has the author Ralph I Onwuka written?

Ralph I. Onwuka has written: 'Development and integration in west Africa' -- subject(s): Economic Community of West African States, Economic integration


What has the author Rehabeam Shilimela written?

Rehabeam Shilimela has written: 'Monitoring economic integration in SADC, 2006/2007' -- subject(s): Southern African Development Community, Economic integration


What has the author Hesphina Rukato written?

Hesphina Rukato has written: 'Future Africa' -- subject(s): New Partnership for Africa's Development, Economic development, Economic integration, Democracy


How has the Nigerian Stock Exchange contributed to the economic development of Nigeria?

it his a form of rasing capital


What has the author Peter Robson written?

Peter Robson has written: 'Integration, development, and equity' -- subject(s): Economic integration 'Mountains of Kenya' -- subject(s): Mountains


What has the author F O C Nwonwu written?

F. O. C. Nwonwu has written: 'Millennium development goals' -- subject(s): Human rights, International economic relations, Economic integration, Sustainable development, Humanitarian assistance, Economic development, Social conditions, Poverty, Economic policy, Economic conditions


Which technological invention contributed greatly to the settlement and economic development of the US in the late 1800s?

The railroad.


What has the author Felipe Herrera written?

Felipe Herrera has written: 'Vigencia del Banco Interamericano de Desarrollo' -- subject(s): Inter-American Development Bank 'Despertar de un continente' -- subject(s): Finance, Foreign economic relations 'Latin-American economic integration' -- subject(s): Economic integration, Economic policy 'Nacionalismo latinoamericano' -- subject(s): Economic integration


What has the author Patrizio Bianchi written?

Patrizio Bianchi has written: 'Le politiche industriali dell'Unione europea' 'Politiche pubbliche e strategie dell'impresa nell'industria europea del cemento' -- subject(s): Cement industries 'Famiglie' 'Industrial policy after the crisis' -- subject(s): Industrial policy, Economic development 'L' Europa smarrita' -- subject(s): Economic policy, Economic integration 'Industrial policies and economic integration' -- subject(s): Industrial policy, Europe, Economic integration, International economic integration


What has the author Arthur Hazlewood written?

Arthur Hazlewood has written: 'Nyasaland; the economics of federation' -- subject(s): Economic conditions 'Economic integration' -- subject(s): East African Community, Economic integration 'The development potential of the Usangu Plains of Tanzania' 'Rail and road in East Africa'


What has the author Walter Krause written?

Walter Krause has written: 'American agricultural surpluses and foreign economic development' 'Latin America and economic integration' 'International economics' 'Economic development; the underdeveloped world and the American interest' -- subject- s -: American Economic assistance, Economic conditions 'International tourism and Latin American development' -- subject- s -: Tourism