Which of the following best illustrates the principle of balanced growth in economic development?
1
Rapid, isolated development in the agricultural sector with minimal attention to infrastructure or industry.
2
An even distribution of investment across sectors, such as industry, agriculture, and services, to stimulate mutually reinforcing growth.
3
A focus on increasing GDP growth through the industrial sector only, assuming other sectors will naturally benefit.
4
Reliance on foreign direct investment in one sector while neglecting domestic infrastructure improvements.