Ayushi posted an Question
August 23, 2020 • 01:44 am 30 points
  • UGC NET
  • Economics

Icslioii according to rostow stages of grorvth which of the tolloving statement is not true? options there is teclhnological backvardness most of the income com

ICSlIOII According to Rostow stages of grorvth which of the tolloving statement is not true? Options There is teclhnological backvardness Most of the income comes from Agriculture and animal husbandary 2 Gross donmestic savings are more than 5% but altvays low than 10% 3 Fanuly is the nost important social economic institution 4.

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    Nidhi taparia Best Answer

    The answer is (3). According to Rostow's Stages of Growth Theory, savings rate necessary for growth will lie between 15% - 20%.

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