English, asked by TbiaSamishta, 1 year ago

Balanced & unbalanced theory in simple language

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Answered by aqibkincsem

Balanced theory means enonomic growth is feasible in the long term with a focus on the growth on all different sectors. Unbalance theory is by Albert O.

Hirschman which says tht it is not possible to have wide growth in different sectors always.Unbalanced growth helps to increase alongwith speed economic development.

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