A. Economic development theory
B. Big Push theory of development
C. Rostow’s development plan
D. Harod Domes model
Related Mcqs:
- “The tricks of economic growth and development are simply a matter of increasing national savings and investment.” Is a simplest form of?
A. Rostow growth stages
B. Keynesian development theory
C. Harod-Domar growth model
D. None - ______________assumes economic rationality and purely materialistic, individualistic, self interested orientation towards economic decision making?
A. Traditional economy
B. Political economy
C. Capitalistic economy
D. Open economy - Rural based population in less developed countries (LDC’s) ?
A. 65 %
B. 45 %
C. 75 %
D. None - Urban population in LDC’s_________________?
A. 464 %
B. 50 %
C. 36 %
D. 20 % - Urban migration is causing the labour force to grow at annual rates of _____________in LDC?
A. 10-20%
B. 5-7%
C. 30-35%
D. 35-40% - In LDC children under age of 15 years are ___________% of the total population?
A. 40 %
B. 50 %
C. 80 %
D. None - Group of LDC debtors who join together to bargain as a group with creditors?
A. Debtor’s cartel
B. Economic union
C. Debtor’s commune
D. None - The part of the urban economy of LDC’s characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?
A. Formal sector
B. Informal sector
C. Formal finance
D. Informal finance - An economic system in which property resources are publicly owned and govt uses central economic planning to direct & coordinate economic activities ?
A. Command economy
B. Closed economy
C. Open economy
D. None - A country’s potential for economic growth is greatly influenced by its endowments of__________________?
A. Physical resources
B. Human resources
C. Both a and b
D. None of these
