Which of the following is not a requirement for economic development ?

Related Mcqs:

As economic development proceeds income inequality tends to follow a(n) _____ curve?

A. convex B. inverted U shaped C. L-shaped D. S-Shaped...

Peasants are ?

A. rural politicians B. rural cultivators C. rural industrialist D. rural, religious group...

A country’s capital stock is the ?

A. approximated investment minus actual investment B. inflow of investment from abroad C. sum of previous gross investment minus depreciation D. difference between GDP and capital consumption...

Which one of the following countries is not a high-income country ?

A. Germany B. United Kingdom C. Canada D. Mexico...

Assume that the real income of developing Island increases from $120,000 to $160,000 from 2005 to 2006 while its population expands from 1000 to 1100 during the same period Real income per capita has increased by about ?

A. $145 B. $40,000 C. $25 D. $100...