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The Big Push Theory of economic development, advocated by Paul Rosenstein-Rodan, emphasizes the need for:

ASmall incremental investments in agriculture
BA massive, coordinated investment package across interdependent industries
CComplete reliance on foreign aid loans
DUnregulated free market forces

Explanation

Rosenstein-Rodan argued that self-sustaining industrialization requires a large-scale simultaneous investment program to overcome market failures.

Submitted by: mcqstutor Team More Economics MCQs →

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