What are the two major paths to economic development


Assignment:

What are the two major "paths" to economic development for developing countries (please provide detailed definitions of both) and which do you believe is the better model for less developed countries (LDCs) seeking to improve conditions, wealth and productivity in their societies? Is the "level of development" of a country associated in any way with food and agriculture (particularly the general forms of agricultural production)?

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Microeconomics: What are the two major paths to economic development
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