Describe the ories for divergence in economic development


Assignment:

Econ Short Answer Questions

One question just need one paragraph

1. The past 500 years have seen divergence in GDP and growth rates between developed and undeveloped countries. Name 3 examples of countries whose development runs contrary to this trend (i.e.a developed country whose growths tagnated, or an under developed country that experienced above-average growth), and give one potential explanation for each example.

2. Briefly describe the 3 main the ories for divergence in economic development. Describe an argument for, and an argument or counter example agains teach theory.

3. Explain the difference between economic growth and economic development. Use an example of acivilization or event westudied in class to illustrate the difference between the two.

4. Is China an appropriate counter example to the geographic theory of development (ala Guns, Germs, and Steel)? Why or why not?

5. Give 2 examples of historical events or trends that occurred from 1000-1700 CE, and describe how they contributed to the decline of manorialism or serfdom.

6. Describe the difference betweens erfdomin Eastern and Western Europe. Use historical and /or the or etical examples to explain how these differences came about.

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Microeconomics: Describe the ories for divergence in economic development
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