Question
Economics Question on Macroeconomics
Which of the following is a lesson that can be learned from the study of economic growth and development?
A
There is no one-size-fits-all approach to economic development.
B
Economic development is a complex process that takes time and effort.
C
Economic development is not always guaranteed, even in countries with favourable conditions.
D
All the above.
Answer
All the above.
Explanation
Solution
The correct option is (D): All the above.