What Is a Characteristic of Market-Oriented Theories

question 67

Multiple Choice

What is a characteristic of market-oriented theories?

• A) blame low-income countries for their poverty rather than acknowledge outside factors
• B) acknowledge the importance of business operations of more powerful nations in sustaining inequality
• C) acknowledge the ways government can work with the private sector to spur economic development
• D) adequately explain why some countries take off economically while others remain grounded in poverty and underdevelopment

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Definitions:

Obvious Features

Characteristics or attributes of a product, service, or situation that are readily apparent or easy to identify.

Feelings And Values

Emotions and principles that are important to an individual, guiding their behavior and decision-making processes.

Abraham Maslow

A renowned American psychologist famous for developing the hierarchy of needs concept, which is a theory that suggests psychological well-being is dependent on meeting basic human needs.

Self-Actualization

A psychological concept referring to the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.