how growth agents and incentives decide critocal minimum effort?
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The critical minimum theory is based on the presence of certain favourable conditions which are created by the expansion of the growth agents in the process of economic development. These conditions lead the income increasing forces at a higher rate than the income depressing forces.
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The critical minimum theory is based on the presence of certain favourable conditions which are created by the expansion of the growth agents in the process of economic development. These conditions lead the income increasing forces at a higher rate than the income depressing forces.
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