"All LDC's require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure." ?
Correct answer: D. Big Push theory of development
- A. Economic development theory
- B. Harod Domes model
- C. Rostow's development plan
- D. Big Push theory of development
Explanation
The Big Push theory argues that a large, coordinated investment in industry and infrastructure can move a less-developed economy from subsistence into self-sustaining growth. Rostow's model instead describes sequential stages of economic growth.
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