Module 2

Question 1

True or False: Economic progress is an essential
component, but not the only
component.

Answer 1

True

Question 2

True or False: Development should be seen as a
single-dimensional process involving
the reorganization and reorientation
of entire economic and social systems

Answer 2

False. It should be seen as multidimensional.

Question 3

True or False: Primarily, economic theory of development was about having the right quantity and mix of saving, investment and foreign aid for developing nations

Answer 3

True