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What is spread effect?

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Anonymous

10y ago
Updated: 6/26/2022

A term used by G. Myrdal; "spread effects" describe the prosperity flowing from a central thriving area to peripheral less well-off areas. This could be related to the technological advances spreading out or it could be due to the fact that a growing area will need raw materials to fuel its continued growth.

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Skylar Hagenes

Lvl 13
3y ago

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