Limited purchasing power
Name(s):
Insufficient buying power
Lack of purchasing power
Claim
1. People in developing countries are hungry because they are poor, not because there is insufficient food or land available there. Even when people are starving to death, there may be quite enough food within the country but they cannot afford to purchase what is available.
2. One of the major contradictions in the international economy is the fact that productive resources lie idle in developed-market economy countries because the largest group of potential customers, namely the developing countries, lack the means to purchase the output, even to the extent of satisfying basic human needs.
Broader
Narrower
Aggravates
Aggravated by
Strategy(ies)
Value(s)
Type
(D) Detailed problems