Correct option is B
(A) Gunnar Myrdal → Circular and Cumulative Causation (II)
Myrdal proposed the circular and cumulative causation theory, which explains how economic and social processes reinforce inequalities.
He argued that economic disparities between regions tend to widen over time due to self-reinforcing mechanisms.
(B) A.O. Hirschman → Strategy of Unbalanced Growth (I)
Hirschman developed the Unbalanced Growth Theory, emphasizing investment in key sectors to stimulate overall economic development.
He argued that strategic investments in leading industries create demand linkages, fostering growth in other sectors.
(C) John Friedmann → Core and Periphery (IV)
Friedmann’s Core-Periphery Model explains spatial inequalities in development, where urbanized cores grow rapidly while peripheries lag behind.
It highlights economic polarization, leading to regional imbalances in growth.
(D) J. Boudeville → Growth Centre and Growth Axis (III)
Boudeville extended the Growth Pole Theory, emphasizing growth centres and growth axes as focal points for regional development.
He suggested that targeted investment in growth centres can drive regional economic expansion.
Information Booster:
- Circular and Cumulative Causation explains how rich regions continue to grow while poor regions stagnate.
- Unbalanced Growth Theory suggests investing in high-potential sectors to drive overall economic development.
- Core-Periphery Model explains regional disparities and uneven economic development.
- Growth Centre and Growth Axis focus on strategic economic hubs to drive regional development.
English
10 Questions
20 Marks
12 Mins
