Explain Market model of development (3marks)
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The goals of development are to be achieved on the basis of free-market economy, competitiveness and all-round individual development. This model can be described as the market model of development. It advocates that opening up of the economies of all states is the only way for development.
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The goals of development are to be achieved on the basis of free-market economy, competitiveness and all-round individual development. This model can be described as the market model of development. It advocates that opening up of the economies of all states is the only way for development.
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