Ayushi Asked a Question
September 9, 2020 11:22 ampts 30 pts
According to Ragnar Nurkse, the inducement to invest in an under- developed country is limited by : 1. Size of the market 2. Lack of investment opportunities 3. Lack of savings 4. Over consumption
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  • Nidhi taparia Best Answer
    The correct answer is (1). According to Nurkse's balanced growth theory, in an underdeveloped country, people's buying power or capacity is small. This means market size is small a...
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