Development Theories and Under Development
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- Development Theories and Under Developmentpolitical-science-mcqs › development-theories-and-under-development
- Published
- 18 Jun 2022
- Last updated
- 28 May 2026
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Explanation
Hansen identified that the two key limitations affecting current development, as opposed to the nineteenth century, are the expansion of frontiers and the growth of population. Other factors like reduced purchasing power, technological progress, or unemployment were not cited as primary constraints in his analysis.
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Practice related questions from the same subject.
- 1.Who extended the concepts introduced in The General Theory of Employment, Interest, and Money through the Theory of Economic Maturity?
- 2.Which of the following statements is incorrectly identified as a flaw in Schumpeter’s theory?
- 3.How did Schumpeter describe the role of entrepreneurs in economic development?
- 4.According to Schumpeter, major progress in a country's production happens through irregular jumps and bursts. This concept was:
- 5.What is the primary shortcoming of the neo-Classical development theory?
- 6.According to new-classical economists, who gains from economic growth?
- 7.According to neo-classical economists, how are wages primarily determined?
- 8.Which of the following is incorrectly identified as a component of Marx's theory of development?
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