Hey there Sign in to join this conversationNew here? Join for free

whats the difference between balanced and unbalanced growth?

Announcements Posted on
Study Help needs new mods! 14-04-2014
Post on TSR and win a prize! Find out more... 10-04-2014
    • Thread Starter
    • 0 followers
    Offline

    ReputationRep:
    What is the difference between balanced and unbalanced growth cuz i kinda missed the lesson which was about a couple of lessons, can sum1 explain them in detail but short, thx.
    • Thread Starter
    • 0 followers
    Offline

    ReputationRep:
    can soomone also explian to me intermedite technology by schumacer please. need some help asap
    • 0 followers
    Offline

    ReputationRep:
    balanced growth is when all sectors of the economy grow at a similar rate. some economists say this should be encouraged so that markets are created for the goods produced.

    unbalanced growth theory - that ldc's should focus on certain industries and aim to get these growing , which will stimulate further growth in the rest of the economy
    • Thread Starter
    • 0 followers
    Offline

    ReputationRep:
    nic summary, cool, but the thing is, i kinda aint gota a clue to what they both mean so can u, if u dnt mind, be more precise in the explaination, ie, examples and adv and disavd of each model
    • 0 followers
    Offline

    ReputationRep:
    balanced is when every sector grows at the same rate , so agricultural,manafacturing, tourism,

    unbalanced is when 1 sector is growing faster then everything else so in china textiles is growing faster then anything else at the moment so that is unbalanced growth


    in reality mois tis unbalanced but some governments encourage some sectors more then others with subsidies e.t.c think tiger economies and how the promted manafactured goods
    • 1 follower
    Offline

    ReputationRep:
    balanced can ride a uni cycle, unbalanced cannot
    • 0 followers
    Offline

    ReputationRep:
    intermediate technology( also called appropriate technology) as belonging between the capital-intensive advanced technologies of the ‘West’, driven by large scale production and profit, and the traditional subsistence technologies of developing countries.

    yes i did nick most of that from some site. but it seemed pretty good.

    basically approriate technology is somehting that is appropriate to the people that are using it ( not giving a tractor to a famrer that cant afford the petrol), it can be knowledge as well . so rotating fields with crops could be seen as appropriate technology.
Updated: June 13, 2005
Article updates
Reputation gems:
You get these gems as you gain rep from other members for making good contributions and giving helpful advice.