Benefits/advantages/merits of adopting the Big-push theory in developing countries
- Increased employment opportunities.
- Promotes economic diversification.
- Development of infrastructure
- Increased government revenue.
- Improved balance of payments position.
- Increased exploitation and utilization of resources.
- Promotes linkages/ widens market
- Reduces economic dependence / encourage self-reliance
- Facilitates technological transfer and development
- increased GDP/ economic growth.
- Improved terms of trade.
- Improvement of local skills.
- Increased variety of products I widens consumer choice.
CATEGORIES Economics
TAGS Dr. Bbosa Science
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