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Answer plz Example Essay Questions p. 35 1. Define: Technology (as used in economics); pp, 38- 2. What do we mean by economic development? That

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Example Essay Questions p. 35 1. Define: Technology (as used in economics); pp, 38- 2. What do we mean by economic development? That is, how would you know when a 41 country or other region had developed economically? (What it is, and measures of), P. 38 .3. Name the four principal change elements (or non-change elements) involved in the process of economic development. pp. 39 - 4 . Name Rostow's five stages of economic development in the sequence in which they 40 are supposed to occur. PP. 42 - 5. Distinguish between the Internal Growth Theory and the Export Base Theory of 47 regional economic growth. Be thorough. How do the theories differ over trade ? PP. 44 - 6. Describe the concept of "market area competition" in the case of two competing 45 producers of a product. Illustrate (a) the situation of differences in basic production costs, and (b) the situation of differences in transportation costs. PP. 45 - 7. The principle of "regional specialization" is of particular concern in which 46 one of the major theories of regional economic growth? Why? PP. 47- .8. Discuss the focus of interest of the Growth Pole Theory of regional economic 49 growth. Also, define "key industry" and "affected industries. PP 48 9. Describe three spatial trickle-down processes in the Growth Pole Theory. P. 48 10. Describe three spatial polarization processes in the Growth Pole Theory. p. 48 11. Describe areal accretion of economic growth. Define, and describe how secondary, key industries come about. P. 48 12. Describe leapfrogging or hierarchial diffusion of economic growth, Define, and explain how exactly a secondary growth center emerges. pp. 49 - 13. Discuss the Circular and Cumulative Causation idea of regional economic growth (Myrdal). In this regard, what is meant by the "multiplier effect" and by "market threshold"? 53 pp. 51- 14. Outline the main particulars of Alonzo's Bell-Shaped Development Model

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