In the context of development economics, the 'Big Push' theory emphasises:
A. Only agricultural investment
B. Gradual and small investments in all sectors
C. The need for a coordinated large-scale investment to overcome complementarities and indivisibilities
D. Complete reliance on market forces without coordination
Answer: Option C
Solution (By JKSSB Mock Tests)
The Big Push argument, associated with Rosenstein-Rodan, stresses that simultaneous large investments in many sectors may be necessary to make industrialisation profitable when demand complementarities and infrastructure indivisibilities exist.
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