Which of the following statement about the Political Economy perspective is /are correct? Select the…
The Political Economy perspective studies the intersection of economics and politics (i), investigates a country's economic policies (ii), and examines the political/class…
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Which of the following statement about the Political Economy perspective is /are correct? Select the correct answer from the codes given below.
i. Political economy studies the intersection of economics and politics
ii. Political economy investigates a country's economic policies.
iii. Political economy investigates about the interests which drive a country's economic policies.
iv. Political economy causes stability or breakdown in a political system.
Answer and explanation
Correct answer C
The Political Economy perspective studies the intersection of economics and politics (i), investigates a country's economic policies (ii), and examines the political/class interests driving those policies (iii). Statement (iv) confuses an analytical perspective with a real-world causal force.
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RPSC Assistant Professor (College Education)