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Questions and Answers
How was development construed in the early MT?
How was development construed in the early MT?
- As a random and unpredictable process
- As a linear process with no identifiable stages
- As a cyclical process without any progress
- As an evolutionary process with identifiable stages (correct)
Who famously predicted that the more developed country shows the less developed the image of its own future?
Who famously predicted that the more developed country shows the less developed the image of its own future?
- Friedrich Hayek
- Karl Marx (correct)
- John Keynes
- Adam Smith
What did early modernization theorists envisage as the foundation for economic development?
What did early modernization theorists envisage as the foundation for economic development?
- Technological stagnation
- Service sector growth
- Agriculture
- Industrialization (correct)
What did modernisation theorists believe about the experience of the modernized West?
What did modernisation theorists believe about the experience of the modernized West?
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What was modernization theorists' view on other societies' beginning of modernization?
What was modernization theorists' view on other societies' beginning of modernization?
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What does economic development lay the foundation for?
What does economic development lay the foundation for?
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