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Comparative Analysis of Economic Development Models 7.5

Rostow’s five-stage model of economic growth and the core-periphery concept of Wallerstein’s three-part world system theory are two of the more common economic development models.

Question 1

Short answer

Identify and compare ONE difference between the stages of economic growth and the core-periphery model.

Question 2

Short answer

Use one of the two models to explain the level of economic development in either Mexico or Brazil.

Question 3

Short answer

Give ONE example of how the core-periphery concept can be applied below the national scale.

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