Reasons for slow growth of national income in india
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Heya...
Reason for slow growth of National income are as follows....
1 Heavy pressure of Population....
Heavy rates of Population tends to rise in dependency burden, implying greater poverty means low GDP....
2 Inflationary spiral....
It means the situation of price rise...By this people act as low matter of investment due to high prices and leads to low output and low GDP...
3 Underemployment situation..
People who can contribute in national income are unemployed so their works goes back. and low level of GDP slow income....
Reason for slow growth of National income are as follows....
1 Heavy pressure of Population....
Heavy rates of Population tends to rise in dependency burden, implying greater poverty means low GDP....
2 Inflationary spiral....
It means the situation of price rise...By this people act as low matter of investment due to high prices and leads to low output and low GDP...
3 Underemployment situation..
People who can contribute in national income are unemployed so their works goes back. and low level of GDP slow income....
Reyansh05:
hii....
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