Which of the following is a key indicator of inclusive growth?
Practice Questions
Q1
Which of the following is a key indicator of inclusive growth?
Per capita income
Unemployment rate
Poverty rate
Inflation rate
Questions & Step-by-Step Solutions
Which of the following is a key indicator of inclusive growth?
Step 1: Understand what inclusive growth means. It refers to economic growth that benefits all segments of society, especially the poor and marginalized.
Step 2: Identify what a key indicator is. A key indicator is a measurable factor that shows the state or level of something.
Step 3: Recognize the importance of the poverty rate. The poverty rate shows how many people in a population cannot afford basic needs like food, shelter, and healthcare.
Step 4: Connect the poverty rate to inclusive growth. If the poverty rate is high, it means many people are not benefiting from economic growth, indicating that growth is not inclusive.
Step 5: Conclude that the poverty rate is a key indicator of inclusive growth because it reflects how well the economy is doing for everyone, especially the less fortunate.
