Economics · Urbanization Issues
Due to rapid urbanization, slum populations in cities are increasing despite poverty reduction in rural areas. Which of the following structural policy failures does this primarily reveal?
- 1Inefficient agricultural pricing mechanisms
- 2Excessive financial subsidies provided to rural employment schemes
- 3Lack of proactive urban planning and affordable housing initiatives✓
- 4Over-investment in the manufacturing sector
Correct answer
Lack of proactive urban planning and affordable housing initiatives
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