Explain about theories and models linked to development, Business Economics

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Explain about theories and models linked to development.

• There is no one agreed theory of development. All models, as Rostow, provide an insight in one or two dimensions of the complicated process of development.

• Theory is utilized to analyse and calculate development. Be familiar along with their predictions, weaknesses and assumptions

• Do not be troubled to adopt a critical outlook of the validity of models and their guesses. Be balance and define your analysis along with recent case study evidence.


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