Question: Answer the following question: 1. How did the concept of scientific management change the direction of the economy, its markets and regional growth of certain

Answer the following question:

1. How did the concept of scientific management change the direction of the economy, its markets and regional growth of certain economies?

2. Explain how productivity could affect competition and increase innovation.

3. Explain the concept of game theory in relation to comparative advantage

4. What are three positive and three negative aspects of nationalism? please provide examples to illustrate your arguments.

5. Discuss why the concept of laissez-faire economic development failed?

6. Explain the role of geopolitics in modern global politics? what is the strategic nature and implications? (example the united states and Egypt current relationship - or what is happening in Syria and should there be UN involvement?)

7. Discuss the implications of the possible shortage of drinkable and usable water (for farming, etc.) and farm land on the future economic growth globally.

8. Discuss the economic aspects of why certain regions develop a better economic society than other regions.

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