Economics · Economy
The Indian economy is often described as undergoing a 'leapfrogging' structural transformation. Which feature best illustrates this unique development path?
- 1A declining share of the digital economy in rural development
- 2Complete reliance on state-owned enterprises for all heavy industries
- 3Achieving 100% employment in the manufacturing sector
- 4A major economic shift from agriculture directly to the service sector without a massive industrialization phase✓
Correct answer
A major economic shift from agriculture directly to the service sector without a massive industrialization phase
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