What Has Been an Ongoing Barrier to India's Potential Economic

question 18

Multiple Choice

What has been an ongoing barrier to India's potential economic development?

• A) Its civilian control over the military
• B) Its constant religious warfare
• C) Its caste system
• D) Its refusal to privatize key industries
• E) Its resistance to foreign investment

Understand the expenditures approach to GDP calculation and its components.

Comprehend the basic economic resources and their significance in the economy.

Illustrate how demographic changes impact per capita GDP.

Grasp the concept of net and gross investment and their role in GDP calculations.

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Definitions:

Cultures

The collective patterns of values, beliefs, behaviors, and artifacts that characterize a group of people or an organization.

LMX Theory

Leadership Member Exchange Theory, which suggests that leaders develop unique one-to-one relationships with each of the people reporting to them, affecting outcomes like job satisfaction and performance.

Exchange Relationship

Interaction between two parties involving the provision of goods, services, or sentiments in return for something of value.

LMX

Leadership-Member Exchange, a theory focusing on the dyadic relationships between leaders and followers, influencing many outcomes in the organizational context.