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Below is an essay on "Introduction" from Anti Essays, your source for research papers, essays, and term paper examples.

ECONOMIC THEORIES | ADVOCATE | DESCRIPTION |
| Spengler (1932) | Economic development is a natural thing that grows, lives and dies in an existing culture. |
| Herbert Spencer | As society evolves and increases in complexity, roles and functions become specialized, resulting in economic development. |
| Adam Smith | As individuals seek their own personal goals, unknowingly they promote what is best for all. |
| Anthropologists | Development takes place as a result of contact between the less developed and more developed economics, with the latter influencing the former. |
| Hitler | Certain racial characteristics make some countries far more developed than others. |
| Germans | Some races are superior to others which enable them to promote development. |
| | A French word which means economic freedom and which advocates the non-interference of government in economic activities and confine efforts only to education, justice and public works. |
| | The need to conform to certain social and cultural values and to satisfy certain psychological wants, leads to the formation of a set of values associated with entrepreneurship. |
| Ellsworth Huntington (1915) | Extremes of temperature and rapid changes of climate have negative effects on the energy levels of people, thus affecting their pace of development. |
| A.J. Toynbee (1947) | The proper combination of geographic (natural) phenomena and socio-psychological pressure of stimuli is responsible for the rise of civilization and economic development. |
| | During an economic depression, the government should put up labor intensive projects to generate employment in order to increase the demand for goods and services and production that will enhance economic development. |
| | As a rational live creature, man actively responds to opportunities in the environment because he /she sees all the advantages that he/she will personally gain in doing so. |
| David Ricardo | The key...

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