Question
True or False only. Please answer all. 51. A nation free of poverty can be started by economic policies, programs and actions.* 52. Families in
True or False only. Please answer all.
51. A nation free of poverty can be started by economic policies, programs and actions.*
52. Families in rich nations have good lives and essentially live without pressures and risks.*
53. Agriculture all over the world today is characterized as subsistence economy.*
54. Happiness according to Amartya Sen is both a being and a doing.*
55. Economic growth is a necessary condition but not a sufficient condition for development.*
56. Development is multidimensional for which reason it should be approached both from a quantitative and qualitative perspectives.*
57. The process of development entails following the methodology of economics.*
58. Development process is personal, communal, institutional and structural.*
59. The ultimate purpose of development economics is to understand developing economies and help them improve their lives.*
60. Income per capita is the best measure to determine whether development reaches the less privilege sectors of a society.*
61. Zero marginal productivity in agriculture is indicative of the presence of disguised unemployment.*
62. The capabilities of a person are sourced from himself, his family, the community and the national and international economic and political environments.*
63. The core values of development are achieved in sequential manner.*
64. The core values of development could be realized simultaneously.*
65. Gender Inequality Index is a measure of development.*
66. Social fractionalization is developing countries may be caused by politics*
67. Investment in health and nutrition of people is investment in human capital.*
68. Autarky when not managed well can result to the economic isolation of a country which could trigger its underdevelopment.*
69. Market fundamentalism is geared towards veering away from the control of government relative to economic policies and practices.*
70. Malnutrition, child mortality and life expectancy are the primary indicators of the health of people regardless of which nation they are from.*
71. Decolonization is a relevant part of development for the colonized countries but not for the colonizing countries.*
72. There are adverse economic effects of manpower exports for the importing country but not for the exporting country.*
73. A nation which is a technological follower will necessarily have difficulty achieving development.*
74. Late entrants in the use of technology often benefit from the investments of those who came ahead of them.*
75. Countries that bank on their comparative advantage tend to develop slow.*
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started