From economic development perspective, \"leapfrogging\" refers to the tendency f

Question

From economic development perspective, "leapfrogging" refers to

   the tendency for a country's output per capita to catch up to, and then exceed, that of another country.

   the typical irregular pattern of growth: rapid in some decades, and almost non-existent in others.

   "one-upsmanship" by politicians who use growth statistics to help win elections.

   the increased likelihood that a country with very high growth will have a recession, during which some other country will have the highest growth rate.

Explanation / Answer

Correct option is (2).

From a development perspective, leapfrogging refers to an erratic and irregular development pattern where some decades experience rapid growth, but some other periods show zero or minimal growth rate.

Related Questions

Navigate

• Browse (All)
• Browse F
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.