#1
Which economic theory emphasizes the role of government intervention to address market failures and ensure economic stability?
#2
Who is often credited as the father of modern economics?
#3
Who is known for proposing the theory of Comparative Advantage?
#4
Which theory suggests that economic growth is driven by increasing returns to scale and positive externalities?
#5
According to Dependency theory, what is the primary reason for the underdevelopment of certain countries?
#6
Which economic theory emphasizes the importance of industrialization and structural change in achieving economic development?
#7
Which economic theory focuses on the role of human capital, technology, and innovation in driving economic growth?
#8
Which of the following is not a characteristic of the Rostow's stages of growth model?
#9
Who is associated with the concept of 'creative destruction' in economics?
#10
Which economic theory argues that free markets and minimal government intervention lead to economic prosperity for all?
#11
According to the Lewis Dual-Sector Model, what drives economic development?
#12
Which economic theory emphasizes the role of international trade in promoting economic development?
#13
Which theory argues that underdevelopment is the result of the global capitalist system?
#14
According to the Harrod-Domar model, what is the key to economic growth?
#15