Development Planning and Policy-making The State, And the Market
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- Development Planning and Policy-making The State, And the Marketeconomics-mcqs › development-planning-and-policy-making-the-state-and-the-market
- Published
- 2 Jun 2019
- Last updated
- 28 May 2026
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In less developed countries, which issue prompted the emergence of a state-led planning approach as a response to nationalist views?
Multiple choice question for Development Planning and Policy-making The State, And the Market. Select an option, then review the explanation below.
Explanation
The state planning ideology in less developed countries developed primarily as a reaction to the slow economic progress that occurred under colonial capitalist systems, reflecting nationalist concerns about economic independence and development.
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Practice related questions from the same subject.
- 1.Which set of assumptions inherent in input-output analysis calls into question its overall validity?
- 2.According to Branko Horvat's historical analysis of the past 250 years, what has been the general outcome of market-based or decentralized socialism?
- 3.Which economic system, developed by Polish economist Oskar Lange, integrates the benefits of market allocation with equitable income distribution by sharing the profits from socially owned nonhuman productive assets among all citizens?
- 4.In most mixed or capitalist developing nations, what is the nature of an indicative plan that outlines goals and intentions?
- 5.Which country experienced rapid economic growth between 1959 and 1979, partly due to its worker-managed socialist system?