The chief defect of the neo-Classical theory of development is: __________?

Question

Xaibi Aslam · Accepted Answer

It completely ignores factors like political stability and attitudes of people

Xaibi Aslam · Answer

It attaches too much importance to factors like political stability and attitude of the people

Xaibi Aslam · Answer

It refused to consider development as a gradual and continuous process

Xaibi Aslam · Answer

It completely ignores the importance of interest as a factor in establishing equilibrium between supply of savings and demand for capital

Question #53710