Improves people's standards of living
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
advantages:
balance growth mean investment in all sectors and unbalanced growth mean investment in one sector
i need the topic ofBalanced and Unbalanced Growth
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What_are_the_advantages_and_disadvantages_of_organic_growth_in_business
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The ideal ratio for creating a balanced fertilizer mix for optimal plant growth is typically 3:1:2, which represents the ratio of nitrogen, phosphorus, and potassium, respectively. This balanced ratio provides the necessary nutrients for healthy plant development and overall growth.
Both are equally better as they have well balanced advantages.
The objective of a balanced fund is to conserve the investor's principal, pay a high level of income, and promote long-term growth
Disadvantages of rapid growth in southeastern states