Economics Mcqs — Test 90
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Question 1
Feudalism was undercut by?
Question 2
A major dependency theorist Andre Gunder Frank Suggests that the following economic activities have contributed to underdevelopment:
Question 3
The Lawis model explains how growth gets started in a less developed economy ?
Question 4
The Ultimate effect of the invisible hand of Adam Smith is that in a competitive economy everyone ?
Question 5
Criticisms of Rostow’s stages of development include ?
Question 6
Rostow’s economics stages are ?
Question 7
The synchronized application of capital to a wide range of different industries is called __________ by its advocates?
Question 8
The Vicious circle theory states that ?
Question 9
Surplus labor theories assume that ?
Question 10
During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?