Question : The concept of "inclusive growth" emphasizes:
Option 1: The economic growth of a country without considering social equity
Option 2: The equitable distribution of benefits from economic growth
Option 3: The promotion of economic growth through technological advancements
Option 4: The focus on environmental sustainability in economic development
Correct Answer: The equitable distribution of benefits from economic growth
Solution : The correct answer is (b) The equitable distribution of benefits from economic growth.
The concept of inclusive growth recognizes that economic growth should not only focus on increasing overall GDP or income but also ensure that the benefits of growth are shared in a more equitable and inclusive manner. It emphasizes the importance of reducing poverty, addressing income inequality, and improving the well-being of all segments of society.
While economic growth is important for development, inclusive growth goes beyond purely economic considerations and takes into account social equity and the well-being of individuals and communities. It aims to create opportunities for all, regardless of their socioeconomic background, and ensure that the benefits of growth reach marginalized and vulnerable groups.
