India follows a ___________ model that strives to balance the "economics of growth with the economics of equity." An example is government forgiveness of loans for the poorest farmers.
A) welfare state
B) capitalist
C) socialist
D) theocracy
Correct Answer:
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Q32: The term 'welfare state' refers to
A)a state
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Q37: "When consumer demand for an item increases,
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Q40: Which sector of the economy contributes the
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