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A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. Usually the goal is an increase in foreign investment. Ones of the earliest and the most famous Special Economic Zones were founded by the government of the People's Republic of China under Deng Xiaoping in the early 1980s. The most successful Special Economic Zone in China, Shenzhen, has developed from a small village into a city with a population over 10 million within 20 years. The article Special Economic Zone of the People's Republic of China provides more information about the Special Economic Zones in China. Following the Chinese examples, Special Economic Zones have been established in several countries, including India, Iran, Jordan, Poland, Kazakhstan, the Philippines and Russia. North Korea has also attempted this to a degree, but failed. Currently, Puno, Peru has been slated to become a "Zona Ecomomica" by its president Alan Garcia. In the United States, SEZ are referred to as "Urban Enterprise Zones".

2007-01-14 15:51:56 · answer #1 · answered by az helpful scholar 3 · 0 0

The butterfly effect is a time period utilized in chaos theory to describe how small differences to a possible unrelated element or condition (also huge-spread as an initial condition) can impression large, complicated structures. The time period comes from the suggestion that the flapping of a butterfly's wings in South us of a could impression the elements in Texas, which signifies that the tiniest impact on one portion of a equipment may have an excellent effect on yet another section. Taken more suitable extensively, the butterfly effect is a way of describing how, except all aspects will be accounted for, large structures like the elements proceed to be no longer achieveable to foretell with finished accuracy because there are too many unknown variables to song.

2016-10-31 03:17:25 · answer #2 · answered by Anonymous · 0 0

Though it will increase the indusrial wealth of the nation agriculture will suffer, food grains production will decline and price of essential commodities will escalate affecting allsections of people.

2007-01-17 09:01:45 · answer #3 · answered by NQS 5 · 0 0

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