According to the theory of structural patterns of development,which of the following tends to occur as a country develops?
A)a shift from agriculture to industry and services
B)an increase in the percentage of income spent on food
C)growth of the rural sector
D)a decline in trade as a share of GNP

Question

Quizplus · Accepted Answer

The theory of structural patterns of development, also known as the structural transformation theory, suggests that as a country develops, there is a shift from agriculture to industry and services as the main sources of economic growth. This is often accompanied by a decline in the percentage of income spent on food and a growth of the urban sector. Trade may or may not decline as a share of GNP, depending on the specific circumstances of the country. Therefore, option A is the most appropriate choice.

According to the Theory of Structural Patterns of Development,which of the Following