To counteract under-development stagnation, discuss Leibenstein’s critical minimum efforttheory
Question
Solution 1
Leibenstein's Critical Minimum Effort Theory is an economic development theory that suggests that a country must reach a certain level of investment to achieve growth and development. If the investment is below this critical minimum level, the country will remain in a state of underdevelopment or st Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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