State-centered theories of global inequality and economic development argue:
A) that state involvement in the economy interferes with prosperity.
B) that appropriate government policies do not interfere with economic development but rather can play a key role in bringing it about.
C) that the state is constructed in such a way that it must impede development.
D) that any economic theory should be focused solely on state actors and political action.

Question

Quizplus · Accepted Answer

State-centered theories of global inequality and economic development argue that appropriate government policies do not interfere with economic development but rather can play a key role in bringing it about. These theories emphasize the importance of state intervention in the economy, such as investing in infrastructure and education, regulating markets, and promoting domestic industries. This view stands in contrast to theories emphasizing the importance of free markets and minimal government intervention.

State-Centered Theories of Global Inequality and Economic Development Argue