Question

Question 281 pts

Which of the three perspectives on economic development is based on the ideas of free markets and global capitalism?

Group of answer choices

Liberal economics.

Dependency theory.

Participatory development.

All of the above.

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Question 291 pts

As noted in class, the liberal economics perspective

Group of answer choices

Has never been fully implemented in the real world

Has been clearly proven as the "right" approach to economic development

Has been completely discredited as a way to achieve economic development

None of the above

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Question 301 pts

As defined in lecture, a dual economy:

Group of answer choices

Is an indicator of a high level of economic development.

Is a situation where the middle class is small to nonexistent.

Reflects an optimum balance between agricultural and industrial production.

None of the above.

Answer 1

Question 281 pts

Which of the three perspectives on economic development is based on the ideas of free markets and global capitalism?

Answer-The correct answer is liberal economies.

As because in a liberal economy economic decisions are made by individuals and not by any collective institution or organisation and liberal economies also beleive in the free market Policies.

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