Big-push development strategies rely primarily on _________ for their financing

a. government
b. domestic private investment
c. foreign private investment
d. foreign aid
e. ex-colonial centers

A

Economics

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Suppose we are considering the relationship between two variables y and x. y is measured on the y-axis and x is measured on the x-axis, and the relationship between then is a straight line

Suppose that the slope of the line is positive and is less than 1. This slope means that a change in x is associated with A) a bigger change in y. B) a smaller change in y. C) no change in y. D) an equal change in y.

Economics

When Iceland can generate a product using fewer labor hours and resources than the United States, an economist would say that Iceland had

a. a comparative advantage in production of the product. b. an absolute advantage in production of the product. c. a higher opportunity cost of producing the product. d. no incentive to import the product, regardless of the cost-price conditions for other products.

Economics