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Major economic theories accept the existence of economic inequality among countries and regions, but have different explanations and predictions. Briefly (at least 100 words
Major economic theories accept the existence of economic inequality among countries and regions, but have different explanations and predictions. Briefly (at least 100 words each) describe the key points, strengths and weaknesses of the following theories. 1. Neo-classical Theory. 2. World System Theory. 3. Agnostic/Intermediate theories.
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1 Neoclassical Theory The key points of neoclassical theory are that economic inequality is the result of different countries having different levels of productivity and that this inequality is benefi...
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Taxation For Decision Makers 2014
Authors: Shirley Dennis Escoffier, Karen Fortin
6th Edition
978-1118654545
