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- Subject
- Theories of Economic Developmenteconomics-mcqs › theories-of-economic-development
- Published
- 27 May 2019
- Last updated
- 28 May 2026
Explanation
Rosenstein-Rodan emphasized that a key indivisibility lies in infrastructure, which is crucial for economic development and cannot be easily divided or scaled down.
More Theories of Economic Development MCQs
Practice related questions from the same subject.
- 1.What is the fundamental distinction between capitalism and socialism?
- 2.According to Baran, what factors contribute to the underdevelopment of Asia, Africa, and Latin America?
- 3.What does the acronym OECD represent?
- 4.What does the Vicious Circle theory suggest about poverty?
- 5.Which factors contributed to the decline of feudalism?
- 6.Which of the following concepts were supported by Adam Smith?
- 7.Which of the following best describes the characteristics of a theory?
- 8.According to the Harrod-Domar growth model, economic growth depends on which of the following relationships?
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