{"id":91131,"date":"2025-06-01T10:47:32","date_gmt":"2025-06-01T10:47:32","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91131"},"modified":"2025-06-01T10:47:32","modified_gmt":"2025-06-01T10:47:32","slug":"economic-growth-in-country-x-will-necessarily-have-to-occur-if","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/economic-growth-in-country-x-will-necessarily-have-to-occur-if\/","title":{"rendered":"Economic growth in country X will necessarily have to occur if"},"content":{"rendered":"

Economic growth in country X will necessarily have to occur if<\/p>\n

[amp_mcq option1=”there is technical progress in the world economy” option2=”there is population growth in X” option3=”there is capital formation in X” option4=”the volume of trade grows in the world economy” correct=”option3″]<\/p>\n

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This question was previously asked in<\/div>\n
UPSC IAS – 2013<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
Economic growth in country X will necessarily have to occur if there is capital formation in X.<\/section>\n
Capital formation (investment in physical capital like machinery, infrastructure, and human capital like education, skills) increases the productive capacity of an economy. An increase in the stock of capital, combined with labour, directly leads to an increase in the potential output of goods and services, which is the basis of economic growth. While other factors like technology and labor are also crucial, sustained economic growth fundamentally requires investment in increasing the factors of production or improving their productivity.<\/section>\n
Technical progress in the world economy and growth in world trade provide opportunities but do not guarantee growth in a specific country X without internal conditions being met (like capital to adopt technology or participate in trade). Population growth increases the labour supply but doesn’t necessarily translate into growth without sufficient capital and technology to employ the additional population productively; it can even lead to a decrease in per capita income if growth in output doesn’t keep pace.<\/section>\n","protected":false},"excerpt":{"rendered":"

Economic growth in country X will necessarily have to occur if [amp_mcq option1=”there is technical progress in the world economy” option2=”there is population growth in X” option3=”there is capital formation in X” option4=”the volume of trade grows in the world economy” correct=”option3″] This question was previously asked in UPSC IAS – 2013 Download PDFAttempt Online … <\/p>\n

Detailed SolutionEconomic growth in country X will necessarily have to occur if<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1467,1120,1261],"class_list":["post-91131","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1467","tag-economic-development","tag-nature-of-indian-economy","no-featured-image-padding"],"yoast_head":"\nEconomic growth in country X will necessarily have to occur if<\/title>\n<meta name=\"description\" content=\"Economic growth in country X will necessarily have to occur if there is capital formation in X. Capital formation (investment in physical capital like machinery, infrastructure, and human capital like education, skills) increases the productive capacity of an economy. An increase in the stock of capital, combined with labour, directly leads to an increase in the potential output of goods and services, which is the basis of economic growth. While other factors like technology and labor are also crucial, sustained economic growth fundamentally requires investment in increasing the factors of production or improving their productivity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/economic-growth-in-country-x-will-necessarily-have-to-occur-if\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic growth in country X will necessarily have to occur if\" \/>\n<meta property=\"og:description\" content=\"Economic growth in country X will necessarily have to occur if there is capital formation in X. Capital formation (investment in physical capital like machinery, infrastructure, and human capital like education, skills) increases the productive capacity of an economy. An increase in the stock of capital, combined with labour, directly leads to an increase in the potential output of goods and services, which is the basis of economic growth. While other factors like technology and labor are also crucial, sustained economic growth fundamentally requires investment in increasing the factors of production or improving their productivity.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/economic-growth-in-country-x-will-necessarily-have-to-occur-if\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T10:47:32+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Economic growth in country X will necessarily have to occur if","description":"Economic growth in country X will necessarily have to occur if there is capital formation in X. 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Capital formation (investment in physical capital like machinery, infrastructure, and human capital like education, skills) increases the productive capacity of an economy. An increase in the stock of capital, combined with labour, directly leads to an increase in the potential output of goods and services, which is the basis of economic growth. 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