The economic development gap between a developed country and a poor / developing country

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Discuss the economic development gap between a developed country and a poor / developing country of your choice. You can use the supplement or other related sources to help you identify these countries.

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World Development Annual Data for 2018 reveals worrying trends in world economy. Indicative metrics for the period under review reaffirm that the rich continues to grow richer while the poor grows poorer. Economic disparity between developed and developing countries has reached a new height and is still growing. Recent data show that the per capita income of the highest income country is 400 times greater than that of the lowest income country. The difference between Switzerland’s per capita income of $40,080 and Ethiopia’s $100 is striking, to say the least. Statistics also show that 13 economies have per capita income exceeding $20,000, compared to 26 countries with per capita income less than $350.

LA. These trips are a good way for brands to promote their new products and show that all the best and popular bloggers are using and supporting them.
The fashion industry must overcome many challenges all the time, but a recent challenge is technology and keeping up with the constant demand of social media platforms. Online retailers and fast fashion have resulted in the constant worry for brands making sure they are always communicating their new ideas correctly to ensure that the audience is interested and engaged. Burt and Sparks (2003) found that “as a continually evolving market, the widening of consumer demand and changing consumer expectations has intensified this process, meaning retailers should be encouraged to think outside the traditional boxes in meeting the changes of consumers’ behaviour that these shifts have brought”. For these brands to ensure that they are attracting their audience and customers they must partake in research to see what a certain audience’s interests are and what appeals to them, so they can supply the products they want and desire. In terms of audience labour, it plays a huge role in being able to sell no matter how big or small a brand is. “any attempt to put activities of cultural consumption into political economy should be done with the intent of avoiding the dead ends of those past debates” (Schiller,1996; Peck 2006). This shows that the supply and demand theory need to be met in order to have a successful brand, so creating products that will be used by these influencers and then advertised to an audience will prove to be successful. “Social media outlets such as Facebook, YouTube and Twitter provide online advertisers with new

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