Economics · Economic Development Theories
In the context of economic development, which of the following statements accurately distinguishes between the 'balanced growth' and 'unbalanced growth' strategies?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Balanced growth avoids industrialization entirely, while unbalanced growth develops key infrastructure sectors first.
- 2Balanced growth focuses solely on the agricultural sector, while unbalanced growth focuses exclusively on the services sector.
- 3Balanced growth promotes selective sector development, while unbalanced growth aims for all-around simultaneous development.
- 4Balanced growth requires simultaneous investment across all interrelated sectors, while unbalanced growth advocates deliberate investment in specific leading sectors.✓
Correct answer
Balanced growth requires simultaneous investment across all interrelated sectors, while unbalanced growth advocates deliberate investment in specific leading sectors.
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