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What modification did August Losch make to Christaller's central place theory?
August Losch modified Christaller's central place theory to focus on maximizing consumer welfare and creating an ideal consumer landscape.
Explain the core idea of the growth poles theory introduced by Francois Perroux.
The core idea of the growth poles theory is that economic development takes place around specific poles, characterized by key industries that attract linked industries through direct and indirect effects.
How can governments in developing countries stimulate economic growth according to the growth pole concept?
Governments in developing countries can stimulate economic growth by investing heavily in capital-intensive industries in the largest urban centres, which will then spread outward to ensure regional development.
Define the concept of polarisation in the context of the growth pole theory.
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Explain the spread effect as related to the growth pole concept.
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What are three arguments against the Growth Pole Concept?
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What are the assumptions underlying the Growth Pole concept?
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Explain the concept of leading industries and propulsive firms in the context of growth poles.
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What role do economies of scale play in the growth pole concept?
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How does the free market operation at a growth pole contribute to economic growth in the region?
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