Entries by Hannah Wangui

According to Adam Smith, what are at least four factors that Smith identifies as reasons for why the division of labor increases productivity?

December 12, 2020 in /by

According to Adam Smith, what are at least four factors that Smith identifies as reasons for why the division of labor increases productivity? What was Smith’s idea of the invisible hand and how does it differ from the idea of a laissez-faire market (later discussed in Polanyi)? Finally, what were Smith’s beliefs about the poor? […]

 

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Explain the import substitution industrialization strategy:

December 12, 2020 in /by

Explain the import substitution industrialization strategy: what are the main goals of the strategy and how does a country industrialize using this strategy (what is the process/steps and the tools used)? It is often said that ISI was attacked from the left and the right: what does this mean and provide one example of a […]

 

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What are the core tenets of (general) dependency theory?

December 12, 2020 in /by

What are the core tenets of (general) dependency theory? Describe (1) the basic model of Wallerstein’s world-systems theory, as well as (2) what mode of analysis Wallerstein uses. According to Wallerstein, why is the semi-periphery important to sustaining the world system?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon […]

 

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What is “development” and how should(1) clearly defining what you think development should be understood and expressed in the global system?

December 12, 2020 in /by

What is “development” and how should(1) clearly defining what you think development should be understood and expressed in the global system?  be. Defend and explain why you believe this is the “best” definition. (2) describe how it would be expressed in the global system. For example, what would the most important “development institutions” be (e.g. national governments, […]

 

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