Among the prerequisites to economic development is
A) stability, which is provided by a traditional way of doing things
B) economic dualism, which allows people choice between the modern and nonmodern sectors
C) nonscientific perceptions of the world, which reflect the LDCs psychological and cultural values
D) the development of infrastructure such as roads and electricity
E) the development of infrastructure such as forward and backward linkages
Correct Answer:
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Q47: All of the following are ways in
Q48: Which of the following is not an
Q49: The big-push strategy, if successful, triggers
A) capital
Q50: Big-push economists argue that an interlocking, balanced
Q51: Many LDCs remain poor even though their
Q53: Direct foreign investment in the LDCs
A) explains
Q54: If you were a UN advisor to
Q55: The vicious circle of poverty refers to
Q56: When you think about investments in capital
Q57: Which of the following reflects an investment
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