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What are Rostowís assumptions?
Assumptions of Rostowís:
• Economic development procedure is universal which is all countries whether within Africa or Asia go by the same series of linear stages onto the way to modernity
• For Europe what worked there after the war will work for all developing countries.
causes of exceptional supply curve
why does the quantity of salt demanded tend to be unresponsive to changes in its price?
abstract & conclusion
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
What is Economic development theory? Economic development theories and models seek to describe and predict how the: • Economies may develop or not over time in excess •
helloo?
#question the importance of managerial economics..
Explain short run costs breifly.. In analyzing factor cost in an environment, accountants and economists speak much the same language. This is become, in a competitive market,
How does foreign direct investment (FDI) help development? Foreign direct investment (FDI) shows an injection of resources in the economy. When those resources are used to rai
The amount of a good or service that a consumer is willing and able to buy at each particular price
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