Explain the essential distinctions among the stages-of-growth theory of development, the structural-change models of Lewis and Chenery, and the theory of international dependence in both its neo-Marxist and false-paradigm conceptualizations. Which model do you think provides the best explanation of the situation in most developing nations? Explain your answer.

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Economic development literature is dominated by some explanatory theories the process of developing a developing country These theories are called 1 T... View the full answer