The synchronized application of capital to a wide range of different industries is called __________ by its advocates?
Correct answer: A. balanced growth
- A. balanced growth
- B. capitalization
- C. elasticity of capital
- D. indivisibilities
Explanation
Balanced growth means applying investment simultaneously across a broad range of industries so that each sector creates demand for the others. Capitalization refers to valuing or accumulating capital, not this coordinated development strategy.
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