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Developmentalism facts for kids

Kids Encyclopedia Facts

The Developmentalism is an economic theory. It says that the best way for third world countries to develop is through a strong and varied internal market and by having high tariffs on imported goods.

Developmentalism is based on the assumptions that:

  • There are similar stages to development for all countries.
  • There is movement from one stage to another. This movement goes from traditional or primitive to modern or industrialized.

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Developmentalism Facts for Kids. Kiddle Encyclopedia.