On what did the Russian Soviet development model of ... - Solved MCQs & Answer

3581EconomicsMedium

On what did the Russian Soviet development model of growth not depend?

Astate monopolized trading

Bstate assisted entrepreneurs

Cdiverting savings from agriculture to industry

Dmarkets for allocating resources

Correct answer

D. markets for allocating resources

Explanation

The correct answer is markets for allocating resources.

Related Economics MCQs

View all 4520 MCQs →

MCQ #3583

If Toyota describes one of its cars of the future as being a moderately priced subcompact designed as a second family car to be used arround town; the car is ideal for running errands and visiting friends, then the company has just stated a potential new product in terms of a(n)?

Ans: Product conceptRead →

MCQ #3579

The balance of payment is?

Ans: Balance between a nation’s expenditure on imports and its receipts from exportsRead →

MCQ #3584

Economic growth from current year (c) to previous year (p) is given by?

Ans: [(GDPc – GDPp)/ DGPp]100Read →

MCQ #3578

Under Soviet-type economy-wide central planning?

Ans: most resource lack freedom to move to their highest value usesRead →

MCQ #191

Goodhart’s Law suggests that?

Ans: controlling one part of the money supply will merely result in that item becoming less importantRead →

MCQ #1321

Pakistan is the ________ largest Date Palm Producer country in the world?

Ans: SixthRead →