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Economic Systems & the Five Year Plans · Question 53 of 54

Question 53

HardOriginal question

Assertion (A): High growth by itself may not improve the lives of most people.

Reason (R): The benefits of growth may go mainly to the rich.

Options for question 53

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. If the gains go to a few, most people see little change; that is why equity is a separate goal.

  2. R explains A.

Concept
Growth and equity
Typical time
100 s
Your time
—
The rule this testsThe goals of planning
Practise this chapter →

Ten questions from Economic Systems & the Five Year Plans, at your own pace.

Practise this chapter →

Ten questions from Economic Systems & the Five Year Plans, at your own pace.