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What was the primary factor contributing to India's improved economic growth in the 1980s?
  • a)
    Increase in agricultural productivity
  • b)
    Export-led industrialization
  • c)
    High rate of investment
  • d)
    Government subsidies
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What was the primary factor contributing to India's improved economic ...
The high rate of investment, which increased from about 19 percent of GDP in the early 1970s to nearly 25 percent in the early 1980s, was a major factor behind India's improved economic growth during the 1980s.
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What was the primary factor contributing to India's improved economic growth in the 1980s?a)Increase in agricultural productivityb)Export-led industrializationc)High rate of investmentd)Government subsidiesCorrect answer is option 'C'. Can you explain this answer?
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