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Answer to Question #137940 in Microeconomics for kyla

Question #137940
Giving the diversity of developing countries, do you think that there could ever be a single unified theory of development?
1
Expert's answer
2020-10-13T10:42:04-0400

Their process and efficacy of development is different.

1. Different level of standard of living and the labor productivity

2. Different level of economic inequality and absolute poverty


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