Developmentalism facts for kids

The Developmentalism is an economic idea that helps countries grow. It suggests that countries, especially those that are still developing, should focus on building a strong economy from the inside. This means making and selling many different products within their own country. It also means putting high taxes (called tariffs) on goods brought in from other countries. This makes local products cheaper and helps local businesses grow.

This idea believes that all countries go through similar steps to become developed. They start from a simpler, more traditional stage and move towards a modern, industrialized stage.

What is Developmentalism?

Developmentalism is an economic theory that guides how countries can become richer and more modern. It's mostly for countries that are not yet fully industrialized. The main goal is to help these countries stand on their own feet economically.

How Does it Work?

The core idea is to create a strong internal market. This means people within the country buy products made in their own country. To help this happen, governments might:

• Encourage local businesses to start and grow.
• Invest in factories and industries.
• Make it easier for people to find jobs.

Protecting Local Industries

A key part of Developmentalism is using tariffs. Tariffs are like a special tax on goods that come from other countries. When a country puts a high tariff on imported goods, those goods become more expensive. This makes goods made inside the country look cheaper and more attractive to buyers.

• Example: If a shirt from another country costs $10, and your country adds a $5 tariff, that shirt now costs $15. If a similar shirt made in your country costs $12, people will likely buy the local shirt. This helps local shirt makers.

Stages of Development

Developmentalism suggests that all countries follow a path of growth. This path has different stages:

• Traditional Stage: Countries might rely mostly on farming or simple crafts.
• Modern Stage: Countries become industrialized, meaning they have many factories, advanced technology, and a diverse economy.

The theory believes that governments can actively help their country move from the traditional stage to the modern stage.

Why is it Important?

Developmentalism became popular after World War II. Many countries in South America, Africa, and Asia were looking for ways to improve their economies and reduce poverty. They wanted to become less dependent on richer countries.

This theory offered a way for these nations to build their own strong industries and create jobs for their people. It was seen as a path to economic independence and national strength.

Related Ideas

• Protectionism: This is a broader idea about protecting a country's industries from foreign competition, often using tariffs. Developmentalism uses protectionism as a tool.

See also

In Spanish: Desarrollismo para niños