Economic changes are the example of ( what ) Inflexibility
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Economic flexibility pertains to both the micro level of small-scale activities and the macro level of the whole economy.
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Explanation:
From growth contraction to rising inflation and unemployment, there are plently of hurdles in India's road to economic revovery.
Also Read | Covid invasion halts India's rural recovery, longer economic slowdown on cards. ...
Here are five major challenges that Indian economy faces:
Weak demand. ...
Ballooning unemployment.
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