Introduction

ECONOMIC THEORIES| ADVOCATE| DESCRIPTION| | Spengler (1932)| Economic development is a natural thing that grows, buy the farms and dies in an existing culture.| | Herbert Spencer| As inn evolves and increases in complexity, roles and functions become specialized, resolvinging in economic development.| | crack smith| As individuals seek their own personal goals, inadvertently they arouse what is best for each.| | Anthropologists| Development takes place as a result of contact between the less genuine and much developed economics, with the latter influencing the former. | | Hitler| Certain racial characteristics make around countries remote more developed than others. | | Germans| Some races are banner to others which modify them to promote development.| | | A French word which meat economic freedom and which advocates the non-interference of establishment in economic activities and bounce efforts plainly to education, justice and public works. | | | The need to conform to certain(prenominal) neighborly and cultural values and to satisfy certain psychological requires, leads to the makeup of a set of values associated with entrepreneurship.| | Ellsworth Huntington (1915)| Extremes of temperature and rapid changes of clime arrest negative effects on the energy levels of people, thus modify their pace of development. | | A.J. Toynbee (1947)| The proper combination of geographic (natural) phenomena and socio-psychological military press of stimuli is answerable for the rise of civilization and economic development.| | | During an economic depression, the government should put down up labor intensive projects to bring employment in revisal to increase the demand for goods and service and production that volition enhance economic development. | | | As a rational live creature, man actively responds to opportunities in the surround because he /she sees all the advantages that he/she will personally advance in do ing so. | | David Ricardo| The key...If yo! u want to get a full essay, order it on our website: OrderCustomPaper.com

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