“structural transformation of primary subsistence economy for economic development” war proposed by ?

Related Mcqs:

1. 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

2. An economic system in which traditions and customs determine how the economy would use its scare resources ?

   A. Traditional economy
   B. Mixed economy
   C. capitalistic economy
   D. Command economy

3. Meaningful statement about the economic behavior or the economy is called_______________________?

   A. Economic principle
   B. Economic theories
   C. Both
   D. None

4. A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?

   A. Macroeconomic
   B. Micro economic
   C. Positive economic
   D. Normative economic

5. A large govt. role and some degree of coordinated economic decision making directed towards transforming the economy are usually viewed as essential components of__________________?

   A. Tradititional economics
   B. Development economics
   C. Political economics
   D. None

6. Economic model describing growth of the economy on one or at most a few sectors and variables?

   A. Formal growth model
   B. Functional growth model
   C. Aggregate growth model
   D. None

7. An economic plan that sets targets to cover all the major sectors of the national economy?

   A. Centralized plan
   B. Comprehensive plan
   C. Commune
   D. None

8. An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?

   A. Pure capitalism
   B. Command Economy
   C. Closed economy
   D. Open economy

9. ______________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

10. “All LDC’s require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure.” ?

    A. Economic development theory
    B. Big Push theory of development
    C. Rostow’s development plan
    D. Harod Domes model