1. Contrast the demographic transition viewof population growth with the traditional view that slowerpopulation growth is a prerequisite for rising living standardsin the DVCs.2. Because real capital is supposed to earn ahigher return where it is scarce, how do you explain the factthat most international investment flows to the IACs (wherecapital is relatively abundant) rather than to the DVCs(where capital is very scarce)?Do you think that the nature of the problems the DVCsface requires government-directed as opposed to a private enterprise-directed development process? Explain why orwhy not.
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