Question : Inclusive growth refers to:
Option 1: Economic growth that benefits only a few individuals or groups
Option 2: Economic growth that benefits all individuals or groups
Option 3: Economic growth that benefits the government
Option 4: Economic growth that benefits foreign investors
Correct Answer:
Economic growth that benefits all individuals or groups
Solution : The correct answer is (b) economic growth that benefits all individuals or groups.
Inclusive growth is an economic concept that emphasizes the equitable distribution of the benefits of economic growth across all segments of society. It aims to ensure that economic growth is not limited to a few individuals or specific sectors, but rather creates opportunities and improves the well-being of a broad range of people, including disadvantaged and marginalized groups.
Inclusive growth focuses on reducing poverty, inequality, and social exclusion by providing equal access to economic opportunities, productive resources, and essential services. It seeks to empower individuals and communities to participate in and benefit from economic activities, leading to improved living standards, reduced disparities, and enhanced social cohesion.
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