Why would state-centered theorists be critical of market-oriented theorists?
A) State-centered theorists see state intervention as the major cause of underdevelopment and global inequality.
B) State-centered theorists view the market as the natural and best method for economic development.
C) State-centered theorists think historical evidence shows that men tend to be better suited to be economic players than women.
D) State-centered theorists think that state intervention in the economy can play a key role in development.

Question

Quizplus · Accepted Answer

State-centered theorists believe that state intervention in the economy can play a key role in development, whereas market-oriented theorists believe the market is the best method for economic development. This fundamental difference in perspective can lead to criticism or disagreement between the two theories.

Why Would State-Centered Theorists Be Critical of Market-Oriented Theorists