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Question
what refers to an external shock or development that could drastically change or hasten the course of economic development?
o a. government
o b. chance
o c. environmental influence
o d. pressure
In economics, chance events like natural disasters, sudden technological breakthroughs, or unforeseen geopolitical events can be external shocks that rapidly change or accelerate economic development. The government is an internal - to - the - economic - system factor in many cases, environmental influence is more of a long - term and often systemic factor rather than a sudden shock, and pressure is a more general term not specifically referring to such an external shock in economic development context.
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B. chance