From course:
(Practice similar questions for free)
International Political Economy
» Start this Course(Practice similar questions for free)
Question:
(ii) Government Intervention:
Author: Angelie BayabanAnswer:
The government must intervene in productive activities through economic planning. when government participates in productive activities, it will help in breaking the vicious circle of poverty. Nurkse opines that if entrepreneurs are available in underdeveloped countries, then they can be induced to make investment.
0 / 5 Â (0 ratings)
1 answer(s) in total