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Klinische Fragen zur Chemotherapieumed into capital. There are two main reasons for this. The first is the traditional classical notion of land as a fixed factor of production, which in the long run is undoubtedly true. The second is the practical fact that land without the application of capital is of little use, justifying the tre

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,Die Anfänge der Abwehr gegen die Pocken,nting period (i.e. gross income minus depreciation) and how much it consumes out of that income in the same period. Capital accumulation enlarges a country’s capacity to produce goods. As we saw in Chapter 2, however, production function studies, at least for advanced countries, cast some doubt on w

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https://doi.org/10.1007/978-94-010-1423-6r to determine precisely why there should be a dearth of some factors and an abundance of others, and why development may be a slow and lengthy process. It is certainly impossible to explain present-day international discrepancies in the level of development with reference to initial differences in

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General Advice and Specific Issues,e allocation of resources among competing ends. For most less developed countries the two major constraints on the growth of output are the ability to invest and import, and most theories of resource allocation and most investment criteria reflect this fact. A common starting-point in the considerat

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Biopsy Kits, Methods, and Guidelines,resources in less developed countries. Reliance on the market mechanism and market prices for resource allocation is attacked for several reasons. Firstly, given the natural preference of people for present rather than future satisfaction, resources in a free market will tend to be allocated for the

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Development and Underdevelopment,y years ago a course in development economics was a rare feature of an undergraduate programme in economics, and that textbooks on development were few and far between. Similarly, active public concern with the poorer nations of the world is of equally recent origin. The majority of the national and

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The Production Function Approach to the Study of the Causes of Growth, us very little about the causes of growth without adequate theorising. For example, growth can be expressed as the product of a country’s ratio of investment to output (.) and the productivity of investment (δ.), i.e.. By definition, slow growth is the product either of a low investment ratio, or a

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