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Economic History 1

The document discusses the complexities of measuring economic development and poverty, highlighting the distinction between economic growth and development, and the importance of factors such as GDP, GNP, and human capital. It emphasizes the role of technological innovation and structural changes in economies, as well as the historical context of population growth and economic expansion. Various approaches, including classical, Marxian, and institutionalist perspectives, are presented to explain the dynamics of economic development across different nations.

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hibahussein492
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0% found this document useful (0 votes)
8 views17 pages

Economic History 1

The document discusses the complexities of measuring economic development and poverty, highlighting the distinction between economic growth and development, and the importance of factors such as GDP, GNP, and human capital. It emphasizes the role of technological innovation and structural changes in economies, as well as the historical context of population growth and economic expansion. Various approaches, including classical, Marxian, and institutionalist perspectives, are presented to explain the dynamics of economic development across different nations.

Uploaded by

hibahussein492
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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