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1) Todaro (2000) Chapter 1 Question 5 (Page 26): ?Why is a strictly economic definition of development inadequate? What do you understand economic development to mean? [Please give a hypothetical or real example of a situation in which a country may be developing economically but still be underdeveloped.?

2) Todaro (2000) Chapter 2 Question 5 (Page 66): ?Do you think that there is a strong relationship between health, labor productivity, and income levels? Explain your answer.?

3) Galbraith (1962) present eight assumptions about the causes of poverty (pages 15-19). Please select one of these assumptions and discuss its merits and possible remedial actions.

4) Easterly (2012) presents the tale of Thomas Cresap in ?Intermezzo: In Search of a River? (pages 16-19) and concludes that Cresap was pulled out of poverty. Please discuss the economic growth detailed in the story and how poverty was reduced.

5) Please discuss the role of capital investment in economic development.


Please answer each of these five questions (in less than 200 words

 

each)

 

1) Todaro (2000) Chapter 1 Question 5 (Page 26):

 

?Why is a strictly economic definition of development inadequate?

 

What do you understand economic development to mean? [Please

 

give a hypothetical or real example of a situation in which a country

 

may be developing economically but still be underdeveloped.?

 

2) Todaro (2000) Chapter 2 Question 5 (Page 66):

 

?Do you think that there is a strong relationship between health,

 

labor productivity, and income levels? Explain your answer.?

 


 

3) Galbraith (1962) present eight assumptions about the causes of

 

poverty (pages 15-19). Please select one of these assumptions and

 

discuss its merits and possible remedial actions.

 


 

4) Easterly (2012) presents the tale of Thomas Cresap in

 

?Intermezzo: In Search of a River? (pages 16-19) and concludes that

 

Cresap was pulled out of poverty. Please discuss the economic

 

growth detailed in the story and how poverty was reduced.

 

5) Please discuss the role of capital investment in economic

 

development.

 


 

 

Paper#9256033 | Written in 27-Jul-2016

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