Which of the following is not a major factor raising LDC agricultural labor productivity ?
Correct answer: D. massive government intervention
- A. new biological chemical mechanical inputs in production
- B. new technical and organizational knowledge from greater specialization
- C. expanded markets for agricultural output
- D. massive government intervention
Explanation
Agricultural productivity in LDCs is raised mainly by improved biological, chemical and mechanical inputs, knowledge, specialization and expanded markets. Massive government intervention is not itself a standard productivity factor and may even distort incentives.
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Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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