Rostow’s economics stages are ?

Related Mcqs:

According to the supply side of the vicious circle theory of development a country is poor because ?

A. technology levels do not allow for self sufficiency B. it was previously too poor to save and invest C. underemployment is too widespread D. resource allocation is poor...

The Vicious circle theory states that ?

A. growing government assistance create addiction to welfare programs B. low income levels create pressure for money creation C. low income levels create pressure for cheap imports D. low per capita incomes creates low savings that keep incomes low...

Surplus labor theories assume that ?

A. LDCs are overpopulated B. labor contributes nothing to output in LDCs C. the marginal products of labor is closed to zero in LDCs D. urban unemployment is high in LDCs...

Baran’s Neo-Marxist thesis has been criticized for ignoring the probability that power is frequently ?

A. based on an alliance between landowners and peasants B. based on an alliance between peasants and the foreign bourgeoisie C. transferred from one elite to another when revolution occurs D. derived from domestic opponents of nationalism...

The Harrod Domar growth model suggests that growth is ?

A. directly related to savings and inversely related to the capital/output ratio B. directly related to the capital/output ratio and inversely related to savings C. indirectly related to savings and the capital/output ratio D. directly related to savings and the capital/output ratio...