Unbalanced 39 Growth is hypothesized when ........

Indian Economy Growth and development

Unbalanced' Growth is hypothesized when

This questions was previously asked in

EPFO APFC (2015)

Expansion can take place simultaneously on several growth routes

Supply of labour is fixed

Supply of capital is unlimited

Active sectors need to, and do energize sluggish sectors

- Unbalanced growth theory suggests that growth in certain sectors can lead to overall economic development.

- Option 1: Expansion can take place simultaneously on several growth routes

- This statement refers more to balanced growth, not unbalanced growth.

- Option 2: Supply of labour is fixed

- This is unrelated to the core idea of unbalanced growth.

- Option 3: Supply of capital is unlimited

- This does not align with the hypothesis of unbalanced growth.

- Option 4: Active sectors need to, and do energize sluggish sectors

- This statement captures the essence of unbalanced growth, where certain sectors drive broader economic activity.

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