Economics · Economic Development
What is the main idea behind Rosenstein-Rodan's 'Big Push' Theory?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The theory proposes that population growth is the primary driver of economic progress.
- 2The theory emphasizes the sole importance of foreign aid for economic growth.
- 3The theory suggests that development requires a coordinated and simultaneous large-scale investment across multiple sectors.✓
- 4The theory advocates for gradual and incremental economic development.
Correct answer
The theory suggests that development requires a coordinated and simultaneous large-scale investment across multiple sectors.
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