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What is Big Push Theory of Economic Development - Economics about?
The Big Push Theory, proposed by P.N. Rosenstein-Rodan, argues that economic development requires a significant initial investment to overcome obstacles and achieve self-sustaining growth. This theory emphasizes the need for simultaneous development of interdependent industries to create external economies and address indivisibilities in production, demand, and savings. Without a substantial
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- usmanbasiru282
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- EN