#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 of the following is a key feature of structural adjustment programs (SAPs) implemented by the IMF and World Bank?
#11
Who developed the theory of 'basic human needs' as a framework for assessing development?
#12
Which theory suggests that economic development should focus on improving human well-being rather than just increasing GDP?
#13
Who introduced the concept of 'stages of economic growth' in 1960?
#14
Which economic theory argues that free markets and minimal government intervention lead to economic prosperity for all?
#15
According to the Lewis Dual-Sector Model, what drives economic development?
#16
Which economic theory emphasizes the role of international trade in promoting economic development?
#17
Which theory argues that underdevelopment is the result of the global capitalist system?
#18
According to the Harrod-Domar model, what is the key to economic growth?
#19
Which economist is known for his theory of 'poverty traps' and 'vicious circles of poverty'?
#20
Which concept suggests that the benefits of economic growth should be distributed equitably among all citizens?
#21
According to the Lewis dual-sector model, what is the role of the 'traditional' sector in economic development?
#22
Which economist is associated with the concept of 'capabilities approach' to development?
#23
Which theory suggests that countries should specialize in producing goods for which they have a comparative advantage?
#24
According to the Solow-Swan model, what is the primary driver of long-term economic growth?
#25