In a post industrial society which of the following are required along with capital for sustained gr...........

Economic Affairs Industrial Policy and Industrial Growth

In a post-industrial society which of the following are required along with capital for sustained growth of economy?

1. Change in social attitudes

2. Increase in Incremental Capital Ouput Ratio (ICOR)

3. Large population

4. Improvements in production techniques

5. Improvements in labor productivity

Select the correct answer using codes given below.

1, 4 and 5

2, 4 and 5

All except 1

All of above

Increase in Incremental Capital Output Ratio (ICOR) and Large population are not required along with capital for sustained growth of economy.

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