The synchronized application of capital to a wide range of different industries is called __________ by its advocates.
A)Balanced growth
B)Capitalization
C)Elasticity of capital
D)Indivisibilities

Question

Quizplus · Accepted Answer

Balanced growth is a strategy that involves investing in a variety of sectors simultaneously to ensure economic stability and growth. This approach is advocated for its potential to reduce risks associated with focusing on a single industry and to stimulate overall economic development.

The Synchronized Application of Capital to a Wide Range of Different