Choose two theories of economic development. illustrate the main concepts of each theory. Focusing on one of the theories, discuss how it helps us to understand the economic growth and development in the twenty-first century and how the theory contributed to the wealth gap. Apply your argument to a specific country or territory.

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Two theories of economic development that can be discussed are the HarrodDomar model and the SolowSwan model 1 HarrodDomar model ... View the full answer