Andrew Johnson, Chapter #13, Question #3

Development of economies is based on the notion that competition drives growth. Being that less sophisticated economies usually are paired with underdeveloped countries due to the resources the region provides, the importance of human capital is stressed by Wheelan in order to improve the well-being of underdeveloped countries. Economies are also heavily dependant on the country's status of trade, which allows for the employment, investment, and inclusion of human capital, improving the quality of life as trade strengthens.