Different between balanced growth theroy nd unbalanced growth theroy comparison
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Heya...
√ Balanced growth Theory
_____
_________
It is the theory of economic development with the rise in GDP as well as the growth of social welfare...
It balanced the economic as well as social structure of the economy...
√ Unbalanced growth theory
______
___________
It is the theory of economic development consisting only of one sector rather economic or social sector of the Country...
It didn't manage a balance of economic growth...
Thank you
√ Balanced growth Theory
_____
_________
It is the theory of economic development with the rise in GDP as well as the growth of social welfare...
It balanced the economic as well as social structure of the economy...
√ Unbalanced growth theory
______
___________
It is the theory of economic development consisting only of one sector rather economic or social sector of the Country...
It didn't manage a balance of economic growth...
Thank you
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