What is 'Market Model' of development
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In this model, it is held that all societies undergo changes from traditional, transitional and modern stages of development. It regards political development as the condition for economic development. ... This model can be described as the market model of development
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In this model, it is held that all societies undergo changes from traditional, transitional and modern stages of development. It regards political development as the condition for economic development. ... This model can be described as the market model of development.
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