Regional Economics

Ms. T and Ms. K are classmates in Regional Economics. After watching the latest video lecture in their course, Mr. T realized that development comes first and zoning follows. This means that the two will never converge as one or come together. Ms. K on the other hand learned that when prices (setting of prices) are left to the market to decide, the poor will soon reap positive fruits because they will be alleviated from poverty. Who is correct? Begin your answer by saying; Ms. T, or Ms. K, or Both of them, or None of them; then state your reasons.