Geography · Regional Planning
Which of the following scholars formulated the model combining 'Demonstration Effects' and the 'Vicious Circle Trap' in the context of economic development and regional planning?
- 1B. Barford
- 2Walter Isard
- 3George Hilderbrand and Arthur Mess
- 4James Duesenberry and Ragnar Nurkse✓
Correct answer
James Duesenberry and Ragnar Nurkse
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