πŸ“Š Economics of Development
Q. Which of the following is inconsistent with Adam Smith’s theory of development?
  • (A) Development process is cumulative in nature
  • (B) There is no limit to the growth process
  • (C) Capital accumulation and market extension are two prerequisites for output expansion
  • (D) There should be no government interference in the working of the economy
πŸ’¬ Discuss
βœ… Correct Answer: (B) There is no limit to the growth process

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