Unequal distribution of resources

Differences in infrastructure and technology

Government policies and regulations

Cultural and social factors

It increases competition and specialization, leading to concentration of economic activity in certain regions.

It promotes the flow of capital and labor, allowing less developed regions to catch up.

It reduces trade barriers, enabling all regions to participate equally in the global economy.

It harmonizes economic policies, ensuring balanced development across regions.

Increased migration from less developed to more developed regions

Reduced social and political stability

Increased environmental degradation

All of the above

Providing financial assistance to less developed regions

Investing in infrastructure and education in less developed regions

Promoting trade and investment in less developed regions

All of the above

Promoting balanced regional development

Encouraging foreign direct investment in less developed regions

Providing technical assistance and capacity building to less developed regions

Imposing trade barriers to protect domestic industries