Government can play a major positive role in the early stage of economic development by

Question

Quizplus · Accepted Answer

Providing an adequate infrastructure is crucial for economic development in the early stages as it facilitates transportation, communication, and accessibility, leading to increased productivity, competitiveness, and growth. The other options, such as price controls, subsidies, and marketing boards, may have negative consequences and distort market mechanisms, leading to inefficiencies, market failures, and unintended consequences.

Government Can Play a Major Positive Role in the Early