One criticism of Rostow’s theory of economic growth is that ?

Related Mcqs:

The synchronized application of capital to a wide range of different industries is called __________ by its advocates?

A. balanced growth B. capitalization C. elasticity of capital D. indivisibilities...

A major dependency theorist Andre Gunder Frank Suggests that the following economic activities have contributed to underdevelopment:

I- Workers migrating from villages to foreign-dominated urban complexes II- Forming an unskilled labor force to work in factories and mines and on plantations III- Replacing indigenous enterprises with technologically more advanced global subsidiary companies IV- Closing the economy to trade with and investment from, developed countries A. I and II only B. II and … A major dependency theorist Andre Gunder Frank Suggests that the following economic activities have contributed to underdevelopment:Read More...

The Vicious circle theory indicates that ?

A. a country is poor because it has lower productivity but high savings B. as countries grow richer they save less C. poverty perpetuates itself in mutually reinforcing circles on supply and demand sides D. market size is large in LDCs...

For Rosentein Rodan a major indivisibility is in ?

A. Supply B. infrastructure C. agriculture D. services...

OECD stands for ?

A. Organization for Economic Cooperation and Development and Development B. Oil Exporting Countries Development C. Organization for Environmental cooperative Department D. Open Economies Caucus on Development...