Moving onto production and investment, Hungary is quite detailed. ... By 1976 only about 37 percent of all freight was moved by rail, and 56.5 percent was carried by truck. ... Wholesale and international trade are state monopolies, and all but a small share of retail trade is conducted by state enterprises. ... Hungary's exports to Western nations have consisted mainly of foodstuffs, wine, and other agricultural products. ... Licenses to import Western goods must be obtained from the Hungarian government, which from the late 1960's provided them more readily than earlier. ...

• Word Count: 1630
• Approx Pages: 7
• Grade Level: Undergraduate

Background of the Theory The theory is based on the assumption that western countries are wealthier and more powerful, thus became the basis of modernization. ... Fosters economic self-reliance for the development of all sectors To some extent, all countries can be compared to it. ... The model is quite old (created in1960) and, perhaps, oversimplified. ... To easily have money means to have debts from international aids. 4. ... Many economists think the model works only for Western Countries. 6. ...

• Word Count: 1274
• Approx Pages: 5
• Has Bibliography

While he believed all of this, it is vital to notice that he wanted all of these steps to be integrated with Swaraj: moral awareness and spiritual development. ... Due to Britain's strong influence on the Indian subcontinent, Gandhi feared that India would adopt western values, and ultimately transform into a western nation. Throughout the course of his life, Gandhi criticized western civilizations and their lifestyles. ... While quite evidently railways were the way forward and were essential to growth they challenged Gandhi's economic principals as he dreamed of India with self-suf...

• Word Count: 2349
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Political isolation and an economic embargo against China led by Western countries, that were unhappy with China's switch to a socialist regime, were present. ... The unrealistic and incorrect figures caused even more investment to be removed from the agricultural sector and to be invested in heavy-industry. ... First, China's leaders considered that heavy-industry was equal to economic development and strength and hoped that by implementing a heavy-industry oriented development strategy they would be able to quickly achieve independence and rise to the level of Western developed ...

• Word Count: 1745
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Spain is located in the south-western part of Europe taking just more than four-fifths of the Iberian peninsula. ... But aside from its impressionable image, it is a struggling country. ... All this is while Spain still had a high and growing rate of unemployment. ... From 1985-1989, the gross formation of capital grew from 19% to 26% of the GDP. ... Since then, and in all regard to need, monetary and fiscal policy has been provided. ...

• Word Count: 2349
• Approx Pages: 9
• Grade Level: Undergraduate