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Why did growth-oriented Approach" of the ample employment opportunities for government prove to be ineffective? -

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Question

Why did the "growth-oriented Approach" of the ample employment opportunities for government prove to be ineffective?

Options

  • The growth-oriented approach was based on the expectation that the effects of economic growth will spread over to the poor section of the society as well

  • This approach was the major focus of planning in the 1950s and early 1960s. 

  • It-was expected that rapid industrialisation and transformation of agriculture through green revolution will benefit backward regions as well. 

  • All of the above 

MCQ

Solution

All of the above

Explanation:

The growth-oriented approach was founded on the assumption that the effects of economic growth would be positive. The underprivileged will benefit from the expansion as well as the society This strategy was crucial in the 1950s and early 1960s, as the focus of planning. Rapid industrialization and globalization were envisaged. Green agriculture is transforming agriculture. Backward regions will also profit from the transformation.   

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Introduction to Employment - Growth, Informalisation and Other Issues
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