Consider Lecture 3 where we discussed the Golden Age of Trade (1870-1913) and how Furtado analyzed areas that exported tropical crops, temperate crops, and minerals. Also consider Lecture 5 on International Trade and Development. How did trade foster growth during the Golden Age of Trade? Why did structuralists/ dependency theorists like Furtado and Prebisch believe that exporting primary products would result in low levels of development? What happened to these kinds of exports during the Great Depression? What kinds of primary products did your country export during the Golden Age of Trade? How did it work out for them during the Great Depression?
I will include the specific readings required, and where you can reference from. As well as the two powerpoints. The readings are from The Puzzle of Latin American Economic Development, by Patrice Franko. There needs to be in text referencing, for example (Patrice Franko, page …). I have only included part of the book that are important. They each have a page number at the top to reference.
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