Question: 1. How do low-income countries today differ from developed countries in their earlier stage? 2. Growth is the product of development. Do you agree? Please

1. How do low-income countries today differ from developed countries in their earlier stage? 2. Growth is the product of development. Do you agree? Please expound on this briefly. 3. In your own understanding, explain briefly the real indicators of economic growth. 4. In your own understanding whose theory/model is best suited for Philippines which will lead to economic development. Explain briefly

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