India's Rapid Growth Can Be Explained by

question 32

Multiple Choice

India's rapid growth can be explained by

• A)reduced regulations and market-based reforms.
• B)investment in human capital from 1947 through 2015.
• C)the movement of workers from the agricultural sector to the manufacturing sector.
• D)an increase in labor force participation.

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Definitions:

Dust Bowl

A period in the 1930s characterized by severe dust storms that damaged the ecology and agriculture of the US and Canadian prairies.

Okies

A term originally used to describe residents of Oklahoma during the Dust Bowl era, it now refers broadly to people who migrated from the central United States during economic hardships.

1930s

A decade marked by the Great Depression, affecting economies worldwide with severe economic downturns, high unemployment rates, and significant social and political impacts.

Stock Market Crash

A rapid and severe downturn in stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth.