As you examine the various theoretical perspectives of Economic Development:
1. THE BASIC GROWTH MODEL (aggregate production functions)
2. THE HARROD-DOMAR GROWTH MODEL
3. THE SOLOW (NEOCLASSICAL) GROWTH MODEL
4. DIMINISHING RETURNS AND THE PRODUCTION FUNCTION
Choose one and in prepare a post supporting this model of development.
Make sure you describe the theoretical construct in a convincing way in 400-500 words APA style.
Note: 1. the book is: Economics of Development, 7th Ed. for Perkins
Perkins, D, H. Radelet, S. Lindauer, D, L. and Block, S, A. (2013). Economics of Development. 7th Ed. New York: W. W. Norton & Company.