ATTEMPT ALL QUESTIONS O N BALANCED GROWTH STRATEGY

1       Define the term balanced growth strategy                                                                                                                                                      (2mrks)

2       Explain the merits of balanced growth strategy                                                                                                                                             (10mrks)

3      What are the disadvantages of balanced growth strategy?                                                                                                                               (10mrks)

4     Describe the factors that hinder the application of the balanced growth strategy in your economy                                                                        (8mrks)