Which of the following is not a criticism of Fei-Ranis theory of development ?
Neglect of the industrial sector is not a valid criticism of the Fei–Ranis theory. Industrial expansion and the transfer of surplus agricultural labour into industry are…
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Which of the following is not a criticism of Fei-Ranis theory of development ?
Answer and explanation
Correct answer B
Neglect of the industrial sector is not a valid criticism of the Fei–Ranis theory. Industrial expansion and the transfer of surplus agricultural labour into industry are central to its account of development.
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Maharashtra and Goa SET (MH SET)