According to Watkins (1977), what is the key to a region's success in using staples to develop its economy?
A) Using staples to create linkages to other economic sectors/diversification
B) Using staples to create dependence by foreign markets
C) Using staples to depress manufacturing
D) Using staples to ensure wages remain low
E) Using staples to create entrenched rights for labour and capital

Question

Quizplus · Accepted Answer

Watkins argues that the key to a region's success in using staples to develop its economy is to create linkages to other economic sectors through diversification. This means that instead of relying solely on exports of a single staple product, the region should invest in related industries and infrastructure to create a more stable and diversified economy. This approach allows for greater resilience in the face of fluctuations in demand or prices for the primary staple commodity.

According to Watkins (1977), What Is the Key to a Region's