Which of the following statements is true?

Question

Quizplus · Accepted Answer

Economic growth can lead to a reduction in poverty only if the benefits of growth are distributed widely, and there is not a significant rise in inequality. If growth only benefits a small section of society, poverty is likely to persist. Therefore, option D is the correct statement. Option A and B are false since economic growth may not necessarily lead to a reduction in poverty or inequality. Option C is also incorrect since economic growth, in general, has shown to have a positive impact on reducing poverty and inequality if it is accompanied by the right policies and interventions.

Which of the Following Statements Is True