According to Most Economists, the Development of Markets Is

question 20

Multiple Choice

According to most economists, the development of markets is:

• A)neither a necessary nor a sufficient condition for development.
• B)a necessary condition for development but not a sufficient condition.
• C)a sufficient condition for development but not a necessary condition.
• D)both a necessary and a sufficient condition for development.

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Definitions:

Nonconscious Process

Mental processes not available to the conscious mind but influence judgements, feelings, or behavior.

Circulation Of Blood

The movement of blood throughout the body, propelled by the heart, to distribute nutrients and oxygen and remove waste.

Conscious Process

Mental activities that are within an individual's awareness, involving thought, perception, and emotion.

Olfactory Membrane

A specialized tissue in the nasal cavity responsible for detecting odors and initiating the sense of smell.