Question

Which of the following is an argument put forward against the new economic policies introduced in 1991?

• A. Increase in production
• B. Increase in exports
• C. Increase in competition among producers
• D. Increase in income disparity

Answer 1

The correct option is D Increase in income disparity

The new economic policies of 1991 attracted criticism based on various grounds. Many believed that it would increase income disparity as a result of the government losing control over the market and deviating focus from social welfare.