What is a characteristic of market-oriented theories?
A) blame low-income countries for their poverty rather than acknowledge outside factors
B) acknowledge the importance of business operations of more powerful nations in sustaining inequality
C) acknowledge the ways government can work with the private sector to spur economic development
D) adequately explain why some countries take off economically while others remain grounded in poverty and underdevelopment

Question

Quizplus · Accepted Answer

Market-oriented theories often attribute the poverty of low-income countries to internal factors such as poor governance or cultural practices, rather than external influences like historical exploitation or global economic structures.

What Is a Characteristic of Market-Oriented Theories