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Grace Oguama
on Nov 26, 2024

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The idea that a person's productive efforts and his or her economic rewards are unrelated

A) is the neocolonialism view of economic development.
B) describes the vicious circle of poverty.
C) is the surplus labor theory of economic development.
D) is the capricious universe view.

Capricious Universe

A concept suggesting the universe operates in a manner that is unpredictable and subject to sudden and unaccountable changes.

Productive Efforts

Refers to activities or endeavors that lead to the creation of goods, services, or value, contributing to economic productivity.

  • Assess the notion of the poverty trap and explore methods to mitigate it.
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RA
Riwaldo AprilNov 30, 2024
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