Question
1-) Write down any five of the features that the developing countries tend to have in common, on average, in comparison with the developed world.(briefly)
1-) Write down any five of the features that the developing countries tend to have in common, on average, in comparison with the developed world.(briefly)
2-) What is the relationship between a Lorenz curve and a Gini coefficient? Briefly explain.
3-) Describe Walt Rostow's stages of growth theory in one sentence.
4-) What is meant by the term neoclassical counterrevolution? What are its principal arguments, and how valid do you think they are? Explain your answer.(briefly)
5-) Explain the essential distinctions among the stages-of-growth theory of development, the structural-change models of Lewis and Chenery, and the theory of international dependence in both its neo-Marxist and false-paradigm conceptualizations. Which model do you think provides the best explanation of the situation in most developing nations?
6-) How do you interpretthe relationship between consumption and happiness in the consumption-society in the post-modern era? Explain your arguments.
(my economics development homework)
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