Question
The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called
Answer: Option D
Answer: (d)
According to the trickle-down hypothesis, the rapid growth of per capita income will be associated with a reduction in poverty.
In India, this hypothesis has been interpreted to suggest that growth in agriculture output without radical institution reform will reduce the incidence of poverty in the context of agricultural development in India.
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Answer: (d)
According to the trickle-down hypothesis, the rapid growth of per capita income will be associated with a reduction in poverty.
In India, this hypothesis has been interpreted to suggest that growth in agriculture output without radical institution reform will reduce the incidence of poverty in the context of agricultural development in India.
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