Question Detail

GST 112 GST 112 Test Compilations 16 Objective Question

Question

A dependent economy is characterized as which of the following?
Options
A Developed economy
B Disarticulated one
Correct Answer
C Neoliberal economy
D Articulated one
Correct Answer

Option B is the correct answer.

Detailed Explanation

A dependent economy, particularly in the context of post-colonial nations, is often described as 'disarticulated'. This means its various sectors are not well-integrated or balanced, often serving external interests (e.g., exporting raw materials) rather than internal development needs.

Hint

Consider the structure of an economy that relies heavily on external forces and does not have strong internal linkages.

Question Info