6.1 Learning Outcomes:
Explain what determines the level of economic development of a nation.
Identify the macropolitical and macroeconomic changes occurring worldwide.
Describe how transition economies are moving toward market-based systems.
Explain the implications for management practice of national difference in political economy.
6.2 Action Required:
Watch the video using the following link:
6.3 Test your Knowledge (Question):
Why does education lead to economic development? Discuss.
6.4 Instructions
Students are to answer the given question in Discussion Board.
Describe how transition economies are moving toward market-based systems. Explain the implications for management practice of national difference in political economy.
