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15 cards from this deck
Development theory: traditional agricultural societies → modern industrialised nations
Mid-20th century (Cold War era)
Four key processes
Adopt Western values, industrial tech, market systems
Rural → urban migration; industries in cities boost growth
Invest in workforce skills, R&D; improve productivity
Sustained growth via global trade & foreign investment
South Korea, Taiwan, Hong Kong, Singapore
Cultural homogenisation (loss of traditional cultures)
Over 90%
One-size-fits-all (ignores local context)
Dependency theory (developed nations keep poorer countries underdeveloped)
$100
Export-oriented (steel, textiles, electronics)
Approximately 70%
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