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.| | rapture smith| As individuals seek their own personal goals, unwittingly they arouse what is best for each.| | Anthropologists| Development takes place as a result of contact between the less genuine and to a greater extent developed economics, with the latter influencing the former. | | Hitler| Certain racial characteristics make just about countries remote more developed than others. | | Germans| Some races are super to others which modify them to promote development.| | | A French word which kernel economic freedom and which advocates the non-interference of governance in economic activities and set efforts plainly to education, justice and public wo rks. | | | The need to conform to sure neighborly and cultural values and to satisfy certain mental 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, hence modify their pace of development. | | A.J. Toynbee (1947)| The proper combination of geographic (natural) phenomena and socio-psychological bosom 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 bear employment in drift to increase the demand for goods and go and production that volition enhance economic development. | | | As a rational live creature, man actively responds to opportunities in the environment because he /she sees all the advantages that he/she will personally bring in in doing so. | | David Ricardo| The key...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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