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 that historical evidence shows that men tend to be better suited to be economic players than women tend to.
D) State-centered theorists think that state intervention into the economy can play a key role in development.

Question

Quizplus · Accepted Answer

State-centered theorists believe that state intervention can play a key role in development, whereas market-oriented theorists tend to advocate for minimal state intervention in the economy. Therefore, state-centered theorists may criticize market-oriented theorists for not recognizing the potential benefits of state intervention in promoting economic development and addressing global inequality. Choices A and B do not accurately reflect the views of state-centered theorists, and choice C is not relevant to the debate between state-centered and market-oriented theorists.

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