Adopting a market orientation has resulted in many developing countries achieving lower income disparities between the 'haves' and the 'have nots'.

Question

Quizplus · Accepted Answer

Adopting a market orientation can lead to economic growth and development, but it does not necessarily guarantee a reduction in income disparities. In fact, in some cases it can exacerbate inequalities. Other measures and policies are needed to ensure that the benefits of economic growth are distributed more evenly.

Adopting a Market Orientation Has Resulted in Many Developing Countries