7.1 Learning Outcomes: Explain what determines the level of economic development

7.1 Learning Outcomes:
Explain what determines the level of economic development of a nation.
Recognize current trends regarding foreign direct investment (FDI) in the world economy.
Explain the different theories of FDI.

7.2 Action Required:
The purpose of this interactive activity is to demonstrate your understanding of the concepts learned lessons by responding to discussion questions.

7.3 Test your Knowledge (Question):

Discuss how an economy can shift toward a market-based system.

7.4 Instructions
Students are to answer the given question in Discussion Board.
Maximum word limit: 250 words.