Question

Difference between balanced and unbalanced growth strategies

Answer 1

Balanced growth strategy:
1) The primary purpose of the balanced growth is to bring development  in every sector.
2) The balanced growth strategy is actually about consistency an balance with in the economy.
3) There are more capital require for this strategy

Unbalanced growth strategy:
1) In the unbalanced growth the concentration remains on the leading sectors only.
2) The purpose of these strategy is to only survive the economy.
3) Unbalanced growth is related to the inconsistency.
4) Only the less money for capital is required here because investment done in leading sectors only.

Answer 2

The difference between balanced and unbalanced growth strategies is as follows:

Balanced growth strategy

1. Its goal is to develop all the sectors of the economy simultaneously.

2. It requires a huge amount of capital.

Unbalanced growth strategy

1. It suggests that investment should be made only in the leading sectors of the economy.

2. Less amount of capital is required.