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The Structuralists' Assertion That Coordination Problems Would Prevent Investment in Manufacturing

question 44

True/False

The structuralists' assertion that coordination problems would prevent investment in manufacturing was not a serious problem for governments intent on industrialization.


Definitions:

Deficits

Shortfalls or deficiencies in a context, such as budget deficits where expenses exceed revenues or in skills where current abilities do not meet a required standard.

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Observable actions or reactions of an individual in response to external or internal stimuli.

Consequences

Outcomes or effects that follow an action or decision.

Issue

A significant topic or problem for debate or discussion.

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