UPPSC 2021 GS-I Economy
Question

Which among the following is NOT a major factors of economic growth ?

Answer & Solution

Answer: (Detailed Solution Below)

Option D: Technocrats and Bureaucrats

Detailed Solution:

The correct answer is “Technocrats and Bureaucrats”.

Technocrats and Bureaucrats are NOT a major factor of economic growth.

Capital accumulation as a component of economic growth and development in any society is the process of acquiring additional capital stock which is used in productive process.

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