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Discussion

Consider the following factors:

1. High investment in Industries

2. Expanding market

3. Dynamic entrepreneurship

Which of the above are required for accelerated growth of an economy?

  • A.1 and 2
  • B.2 and 3
  • C.1, 2 and 3
  • D.None of these

Answer: C

Invest in growth by hiring more workers, lowering taxes, providing incentives for entrepreneurs all of which the us is currently doing the opposite of. Today India is among the fastest growing country in the World. India’s share in world GDP has doubled in the last two decades. It became the third largest economy in the world on purchasing power parity basis this year.

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