Question

A successful inclusive growth strategy includes which among the following?

• A. Equal opportunities
• B. Financial inclusion
• C. Increasing government spending
• D. All the above

Answer 1

The correct option is D All the above

Inclusive growth is a theory that moves forward equitable opportunities for the financial participant during economic growth with benefits incurred by every section of civilization. Sustainable economic growth requires inclusive growth.

Sometimes, it becomes difficult to maintain this because, economic growth may give rise to negative externalities, such as a rise in corruption, which is a major problem in developing countries especially on equal opportunity in terms of access to markets, resources, and an impartial regulatory environment is an essential ingredient of successful growth.

The inclusive growth moves towards takes a longer-term point of view, as the focus is on productive service as a means of growing the incomes of poor and excluded groups and raising their standards of living.

Thus, the correct option is D.