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Pearson Edexcel IAL Economics 4.3.6.3c impact of other strategies: • ind

Practise applying alternative development strategies, from industrialisation and tourism to debt relief, aid and primary-sector growth.

Syllabus
First assessment 2019
Course
Economics YEC11
Level
A2

Exam points

  • link the Lewis dual-sector model to industrialisation and labour movement
  • evaluate debt relief by weighing fiscal space against dependency or moral hazard
  • identify when tourism, aid or primary industries may support development

4.3.6.3c - impact of other strategies: • industrialisation (the Lewis structural dual-sector question 1

[Maximum number: 1]

In South Korea manufacturing as a share of GDP was 17\% in 1969 and 25\% in 2019.
Which one of the following theories suggests that industrialisation is a strategy to promote economic growth and development?

A

The Prebisch-Singer hypothesis

B

The Marshall-Lerner condition

C

The Harrod-Domar model

D

The Lewis structural dual-sector model

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