According to Lewis’s model, the dual economy grows only when __________ .

Related MCQs

• When an economy produces more output per capital the economy is said to be having:
• According to R. Nurkse, the inducement to invest in the context of an underdeveloped economy is limited mainly by the:
• The Harrod-Domar model is one of the well- known models of growth. Which of the two authors of this model wrote earlier and in which year?
• According to the Schumpeter's model, the innovating entrepreneurs get the necessary finance from__________.
• The rate of growth of an economy mainly depends upon ___________ .
• The basic characteristic of an underdeveloped economy is__________ .
• The rate of growth of an economy mainly depends upon:
• By growth rate of an economy can be speeded up.
• Which growth model inspired the use of capital-output ratio for development planning?
• Which one of the following, according to Ricardo, would form a bottleneck to economic growth?