Week 7 - Modernization Early 20 th Century Stages of growth...

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Week 7 18:06 Liberalism Adam Smith 1776 We don’t trust the government o Does a bad job of managing economy o Remove government intervention Marxism Marx 1850 Strong companies will survive, but weak companies wont State needs to regulate  State can own everything for everybody’s benefit
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Unformatted text preview: Modernization Early 20 th Century Stages of growth Tradition - Modern Everyone is going to do it West is models for how to develop Dependency/ World System Core Periphery Keep prices for rich countries low 18:06 18:06...
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Week 7 - Modernization Early 20 th Century Stages of growth...

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