Question

what was mahalanobis model of development?
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Answer 1

$\huge{ \mathfrak{\purple{Answer}}}$

• The rationale of Mahalanobis growth model and development strategy can be expressed in simple words without mathematical language.
• According to Mahalanobis, rate of economic growth depends upon the capital formation or real investment.
• The greater the rate of capital formation, the greater the rate of economic growth.

$\huge{ \mathfrak{\purple{Explanation}}}$

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Answer 2

India s Second Five year plan.

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