__________ is based on a market-oriented perspective that assumes
That "pure" capitalism is good and that the best economic outcomes occur
When governments follow the policy of laissez-faire (hands-off) business,
Giving capitalists the opportunity to make the "best" economic decisions.
A) World systems theory
B) Dependency theory
C) Modernization theory
D) New international division of labor theory

Question

Quizplus · Accepted Answer

This description aligns with the principles of modernization theory, which emphasizes the importance of economic growth and technological advancement in achieving development. It assumes that free-market capitalism is the most effective way to generate wealth and that government intervention can hinder this process.

__________ Is Based on a Market-Oriented Perspective That Assumes