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Essay

Economic Development

Essay specific features

 

Issue:

Social Issues

 

Written by:

Eric C

 

Date added:

June 16, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2144

 

Was viewed:

7189 times

 

Rating of current essay:

 
Essay content:

In order to achieve these goals set forth for an economy, key industry must spring up. The idea that industrialization is the most important factor to nurse a growing economy is an idea that is shared by many modern economists. Industrialization is the key factor to competing in the global market. Although industry can be beneficial for an economy, it can also have negative effects...
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Although industry can be beneficial for an economy, it can also have negative effects. Paul Prebisch believes that industrialization should not be the goal of development. The main goal of industrialization is to compete in the global marketplace. Prebisch believes that the terms of trade are biased against developing countries...
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