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Q.

Which among the following affected economic growth very much?


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a

Democratization

b

Globalisation

c

Marginalisation

d

Toleration  

answer is B.

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Detailed Solution

The phenomenon of globalization affected economic growth very much. The country needs to focus on its resources, both human and natural. It needs to ramp up industrialization and infrastructure. Since the world is becoming more and more interconnected in this age of globalization, every country needs to have good relations with other countries to secure trade deals. The cooperation among various nations can help bring benefits of economic growth for everyone.    
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