Tag: need for sustainable development

Economic development is _____________ in nature.

'Redistribution with growth' is the slogan that defined economic development under the ___________ approach.

Economic development, under __________ approach, implies a sustained increase in real per capita income.

Increased efficiency of inputs due to technology advancements provide the basis for __________ economic growth.

Modern view of economic development presumed that the increase in per capita income would trickle down to the masses, thus, reducing income inequalities and poverty.

The experience of many developing countries showed that the 'trickle down strategy' of economic development did not work.

Which view of economic development presumed that the increase in per capita income would trickle down to the masses, thus, reducing income inequalities and poverty?

Traditional approach strictly defines economic development in terms of ____________.

Economic growth involves quantitative changes in output along with qualitative changes in the form of ______________.

Economic growth and economic development are both entirely quantitative concepts.