Growth Machine Theory
Define: Growth Machine Theory states that power structures in communities matter in the economic development of the community; those who benefit the most from economic development are the drivers of development.
Source: http://wp.aae.wisc.edu/ced/wp-content/uploads/sites/3/2013/07/economic-growth-on-line-for-CNRED.pdf
Apply: This theory is important to consider when making decision on how to spurn economic development within a community. The major players involved in the development of the community may also be benefiting economically from decisions made in regard to development. When deciding the key players in community development, this possibility should be considered as the goal is to have economic development that benefits all.
Adapt: This can also be adapted to businesses within a specific geographic who are buying up properties for further development in order to grow their businesses. Those who have the most resources and power at their disposal will be the strongest forces of change within that geographic area.
Apply: This theory is important to consider when making decision on how to spurn economic development within a community. The major players involved in the development of the community may also be benefiting economically from decisions made in regard to development. When deciding the key players in community development, this possibility should be considered as the goal is to have economic development that benefits all.
Adapt: This can also be adapted to businesses within a specific geographic who are buying up properties for further development in order to grow their businesses. Those who have the most resources and power at their disposal will be the strongest forces of change within that geographic area.
No comments:
Post a Comment