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Theories of Economic Developmenteconomics-mcqs › theories-of-economic-development
Published
27 May 2019
Last updated
28 May 2026

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Baran's Neo-Marxist theory has been challenged for overlooking the likelihood that power often is what?

Multiple choice question for Theories of Economic Development. Select an option, then review the explanation below.

Choose the correct answer

Explanation

Baran's Neo-Marxist thesis has been criticized because it fails to consider that power frequently transfers from one elite group to another when revolutions take place, rather than being solely based on alliances or opposition groups.

Practice related questions from the same subject.

  1. 1.What is the fundamental distinction between capitalism and socialism?
  2. 2.According to Baran, what factors contribute to the underdevelopment of Asia, Africa, and Latin America?
  3. 3.What does the acronym OECD represent?
  4. 4.According to Rosenstein-Rodan, where does a significant indivisibility primarily exist?
  5. 5.What does the Vicious Circle theory suggest about poverty?

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