Economics · Theories of Economic Growth
The Big Push theory considers a process of economic development that essentially depends on:
- 1Gradual and sequential investment in a single leading sector of the economy
- 2A large-scale simultaneous investment across many sectors to exploit complementarities and overcome indivisibilities✓
- 3Reliance on foreign aid and technology transfer without domestic capital mobilisation
- 4Reducing population growth rate as a precondition for industrialisation
Correct answer
A large-scale simultaneous investment across many sectors to exploit complementarities and overcome indivisibilities
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