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Question
The 'Backwash Effect' was first introduced by ___________.
The 'Backwash Effect' was first introduced by ___________.
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Solution
The correct option is A Gunnar Myrdal
It is an economic development effect suggested by Swedish economist Gunnar Myrdal.It basically means that if one particular area in a country starts growing or developing, it causes people, human capital as well as physical capital (infrastructure, finance, machines etc.) from other parts of the country to gravitate towards this growing centre.
It is an economic development effect suggested by Swedish economist Gunnar Myrdal.It basically means that if one particular area in a country starts growing or developing, it causes people, human capital as well as physical capital (infrastructure, finance, machines etc.) from other parts of the country to gravitate towards this growing centre.
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