In the Continuity-Discontinuity Issue in Development, Continuity Refers to _____

question 161

Multiple Choice

In the continuity-discontinuity issue in development, continuity refers to _____, whereas discontinuity implies ______.

• A) abrupt change; stability
• B) gradual change; distinct stages
• C) qualitative change; quantitative change
• D) discrete stages; gradations

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Definitions:

Job Losses

The act of becoming unemployed due to factors like economic downturns, restructuring, or automation.

Job Gains

Increases in the number of jobs available in an economy, indicating employment growth and potentially a strengthening economic condition.

Consumer Surplus

The disparity between the total price consumers are ready and able to pay for a service or product and what they end up paying.

International Trade

The exchange of goods and services between countries, which allows for greater variety of consumption and efficiency in production.