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Question

Economic growth that creates equal employment opportunity and reduces poverty is called _______.


A
inclusive growth
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B
exclusive growth
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C
aggressive growth
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D
none of the above
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Solution

The correct option is A inclusive growth

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.


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