Answer:
The idea of development and economic growth is to make industries, services and other economic activities grow. Increasing food output and consumable goods and building facilities to generate energy. The book is suggests a pattern of change: (1) independent developing nations needed capital and heavy investment,(2) they opted for government led economies (3) these command economies failed and generated debt, (4) in the 1980's market reforms were introduced.
They believed is benefited certain regions in the nation. It also gave the government a to large role in the economy and forced small local banks to take unnecessary risks. and the effect was is made american made goods more expensive.