📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug âš¡ Enroll Now

    Question

    In which economic growth model is the transition from

    stagnation to self-sustained growth emphasized as a central feature for underdeveloped economies?
    A Fei-Ranis Correct Answer Incorrect Answer
    B Rostow Correct Answer Incorrect Answer
    C Malthus Correct Answer Incorrect Answer
    D Adam Smith Correct Answer Incorrect Answer
    E Harrod-Domar Correct Answer Incorrect Answer

    Solution

    Rostow’s model outlines five stages of economic growth, with a focus on moving from a traditional subsistence economy to a stage of self-sustained economic growth.

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call