During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?
Correct answer: A. neoclassicism
- A. neoclassicism
- B. Marxism
- C. Rostow's model
- D. classical appraoch
Explanation
During the conservative policy period of the 1980s and 1990s, neoclassical approaches emphasizing markets, incentives, and limited government intervention became influential in development economics. Marxism and Rostow's model were not the leading approaches in that period.
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