MCQOPTIONS
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| 1. |
Which of the following is inconsistent with Adam Smith’s theory of development? |
| A. | Development process is cumulative in nature |
| B. | There is no limit to the growth process |
| C. | Capital accumulation and market extension are two prerequisites for output expansion |
| D. | There should be no government interference in the working of the economy |
| Answer» C. Capital accumulation and market extension are two prerequisites for output expansion | |