The classical model of economic development emphasises
A)laissez-faire policy
B)capital accumulation
C)both (a) and (b)
D)none of these

Name: The classical model of economic development emphasises A)laissez-faire policy B)capital accumulation C)both (a) and (b) D)none of these
Brand: Quizplus
Rating: 4.9 (26 reviews)

Question

Quizplus · Accepted Answer

The classical model of economic development emphasizes both laissez-faire policy, which advocates for minimal government intervention in the economy, and capital accumulation, which is considered essential for economic growth.

The Classical Model of Economic Development Emphasises