Economics · Economic Growth and Development
According to Gunnar Myrdal, which effect plays a more dominant and powerful role in the development process of underdeveloped countries, leading to regional inequalities?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Demonstration effect
- 2Both effects operate equally
- 3Spread effect
- 4Backwash effect✓
Correct answer
Backwash effect
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