Economics · Economy
The economic belief or hypothesis that rapid economic growth will eventually benefit all sectors and income groups of society is known as which of the following theories?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Balanced Growth Theory
- 2Dispersal Theory
- 3Trickle-Down Theory✓
- 4Pump Priming Theory
Correct answer
Trickle-Down Theory
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