Which of the following is NOT consistent with Rosenstein-Rodan's theory of development?
A. piecemeal investment will promote economic development
B. social overhead capital has large indivisibilities
C. social overhead capital must be produced before directly productive activities
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Theories of development has come up 59 times in 6 exams since 2010.
This question is on The big push, balanced growth and the vicious circle, part of Theories of development in Economics of Growth and Development.
Why poor economies may need many investments at once to escape stagnation.
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Question from the JNU SIS 2021 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.