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 much developed economics, with the latter influencing the former. | | Hitler| Certain racial characteristics make rough countries remote more developed than others. | | Germans| Some races are boss to others which modify them to promote development.| | | A French word which factor economic freedom and which advocates the non-interference of politics in economic activities and restrict efforts plainly to education, justice and public works. | | | The need to conform to plastered 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 humour 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 ram 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 de! vote employment in edict to increase the demand for goods and run 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 pass on 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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