Experiences over the last three decades has suggested that in order for economic development to occur, it is necessary for an economy to ?
Correct answer: C. use a balanced strategy that promotes both agricultural and industrial development
- A. stress agricultural development over industrial development
- B. promote industrial development over agriculture
- C. use a balanced strategy that promotes both agricultural and industrial development
- D. stress the importation of agricultural products and the export of manufactured goods
Explanation
Development requires complementary growth in agriculture and industry: agriculture supplies food, employment and raw materials, while industry supports diversification and productivity. Focusing exclusively on either sector creates bottlenecks, so a balanced strategy is preferred.
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