Question
What is meant by ‘inclusive growth’? What are its policy ingredients?
Answer :
Word Count : 287
Inclusive growth is a concept that advances equitable opportunities for economic participants during economic growth with benefits incurred by every section of society. The definition of inclusive growth implies direct links between the macroeconomic and microeconomic determinants of the economy and economic growth.
Policy ingredients of inclusive growth are given below :
- Capital: Resources and goods made and used to produce other goods and services. Examples include buildings, machinery, tools, ________ _________ ___ ____ _____ __________ ___.
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