CSS :: Development Theories and Under Development
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The chief defect of the neo-Classical theory of development is:
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[A]. |
It attaches too much importance to factors like political stability and attitude of the people | [B]. |
It completely ignores factors like political stability and attitudes of people
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[C]. |
It refused to consider development as a gradual and continuous process | [D]. |
It completely ignores the importance of interest as a factor in establishing equilibrium between supply of savings and demand for capital |
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