The chief defect of the neo-Classical theory of development is: __________?
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A. It completely ignores the importance of interest as a factor in establishing equilibrium between supply of savings and demand for capital
C. It refused to consider development as a gradual and continuous process
D. It attaches too much importance to factors like political stability and attitude of the people
Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.