Hello, this topic is regarding economic development. I need these questions answered in depth involving critical thinking to show completeness for each answer.
1. Write an essay on the economic relationship of greatest concern for development between education and (a) the level of growth, (b) the character of growth (c) inequality, (d) fertility, and (e) international migration. That is, link each of the five factors to development by economic theory.
2(a). Why should the development of a solid elementary education system take precedence over an expansion of the university system in developing countries?
2(b). Evaluate critically the following statement: "the developed countries have all shown a significant increase in the numbers of university- trained workers as incomes have risen; thus the development of a solid university system should be among the major priorities of developing countries."
2(c). In developing countries higher educational facilities have tended to expand to the point where social benefits exceed private benefits. What is the economic explanation for this?
3. Explain the role of risk and uncertainty in an analysis of the economic behavior of peasant farmers. What kinds of questions does this analysis enable us to answer?
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