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How, according to Dasgupta, should people in well-developed, functioning economic systems relate to people living in impoverished, dysfunctional economies?

A. People in well-developed economies shouldn’t impose trade restrictions, etc., that create roadblocks for people in poverty.

B. Poor communities need to discover how to shape new avenues to do business with one another so as to increase their wealth.

C. People in well-developed economies can and should provide material things that are obviously needed by impoverished people to at least satisfy their immediate, proximate needs.

D. People in well-developed economies should see poverty as fatalistic, i.e., and economic hardships for impoverished people as ever increasing challenges

E. None of the statements in A thru D accurately reflect Dasgupta’s view on the relationship between rich and poor.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92201789

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