Economics · Economic Development
Which of the following is NOT an obstacle to economic development?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Market imperfections
- 2Demonstration effect in consumption
- 3Favorable terms of trade✓
- 4Vicious circle of poverty
Correct answer
Favorable terms of trade
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economic Development MCQs →Want more practice questions on Economic Development?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Development