Multiple Choice
Which of the following explains the term economic development?
A) Improvement in the technology involved
B) Improvement in production
C) Improvement in distribution system
D) All the above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following is generally regarded
Q2: The concept of economic growth is_.<br>A)Identical with
Q4: Economic development means_.<br>A)Economic growth.<br>B)Economic growth plus structural
Q5: The classical theory of economic development is
Q6: The rate of growth of an economy
Q7: Economic development refers to _.<br>A)Economic growth.<br>B)Economic growth
Q8: Economic growth can be seen by an
Q9: Which one of the following statements is
Q10: In the Ricardian system, a crucial role
Q11: Ricardo built his theory round .<br>A)Value<br>B)Capital<br>C)Wages<br>D)Natural resources