What are
the most serious economic
problems facing each of these
three nations?
U.S. , North Korea, and chad

Answers

Answer 1

Answer:

Explanation:

U.S.- There is ample historical evidence to suggest low interest rates fuel bond, equity, and housing prices. The opposite tends to occur when rates increase. The 2015 recovery was likely built on higher asset prices and lower energy costs. There were concerns that raising interest rates would not cause oil prices to jump, but also drive down assets, turning the small recovery into a contraction. Then again, interest rates couldn't stay at zero forever. The economy had already suffered the terrible results of unchecked housing and stock market growth in 2007-2008, and the Fed did not want to double down on that mistake. Additionally, savers and retirees had been crippled by record low payments on traditional income devices such as CDs and bonds. The U.S. economy added jobs each month in 2015. This is the good news. The bad news was that very few of those jobs were full-time, productive jobs in the private economy. The middle class was still struggling, and the economy did not seem well equipped to provide new, lasting and high-paying opportunities. According to the Bureau of Economic Analysis (BEA), total production in the U.S. economy grew at a 2% clip in the third quarter of 2015.1  In the second quarter, real gross domestic product (GDP) was revised up to 3.7% growth.2  There are some problems with relying on GDP to gauge economic health, but these were still encouraging signs for a country fighting through the slowest post-recession recovery in its history.

chad- The economy of Chad suffers from the landlocked country's geographic remoteness, drought, lack of infrastructure, and political turmoil. About 85% of the population depends on agriculture, including the herding of livestock. Chad has the world's third highest maternal mortality rate. Among the primary risk factors are poverty, anemia, rural habitation, high fertility, poor education, and a lack of access to family planning and obstetric care. Impoverished, uneducated adolescents living in rural areas are most affected. Diarrhea, schistosomiasis, animal contact diseases such as rabies, and several other diseases continue to threaten people in this part of the world. Due to its geographic location, violence in neighboring countries easily spread to Chad making Chad one of the few unstable countries in Africa today. Chad is a low-income, land-locked country that suffers from chronic food and nutrition insecurity due to the effects of regional conflict, frequent drought, limited income-generating opportunities, and restricted access to social services.

north korea- North Korea, one of the world's most centrally directed and least open economies, faces chronic economic problems. Industrial capital stock is nearly beyond repair as a result of years of underinvestment, shortages of spare parts, and poor maintenance. The causes for this relatively poor performance are complex, but a major factor is the disproportionately large percentage of GNP (possibly as much as 25%) that North Korea devotes to the military. There were minor efforts toward relaxing central control of the economy in the 1980s that involve industrial enterprises. The disintegration of the Soviet Union, followed by a food crisis in the aftermath of a series of natural disasters–hail storms in 1994, flooding from 1995 to 1996, and droughts in 1997–pushed North Korea into an economic crisis. Sanctions and trade restrictions have further hurt the country's economic prospects.


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