Multiple Choice
Which of the following is inconsistent with Adam Smith's theory of development?
A) Development process is cumulative in nature
B) There is no limit to the growth process
C) Capital accumulation and market extension are two prerequisites for output expansion
D) There should be no government interference in the working of the economy
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which among the following is a characteristic
Q2: The 'big-push' strategy of development was first
Q3: Who has given "Big Push Theory"?<br>A)R. Rodan<br>B)Jack
Q4: Which growth model inspired the use of
Q5: Which one of the following was given
Q7: The concept of economic growth is _
Q8: The division of labour, according to Adam
Q9: Karl Marx ideas about development theory are
Q10: Who formulated the theory of circular and
Q11: Myrdal builds his theory of economic development