How country can possibly achieve economic stability

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Various theories are put forth on why some countries are rich and some countries are poor. Each theory tries to explain the issues of development and how a country can possibly achieve economic stability.

Please respond to all of the following prompts:

Using any of the theoretical approaches to development, explain why the US has achieved economic development while its neighbour, Mexico, has continued to struggle and has lagged behind.

Reference no: EM13869411

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