mgt321 discussions

I’m working on a management discussion question and need an explanation and answer to help me learn.

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.