Assertion (A): According to Walt W Rostow, the principal strategy of development necessary for take-off was the mobilization of domestic and foreign savings
Reason (R): Mobilization of domestic and foreign savings is necessary to generate sufficient investment to accelerate economic growth
Choose the correct answer:
1
Both A are R are correct, R is the correct explanation of A
2
Both A are R are correct, R is not the correct explanation of A
3
A is correct but R is not correct
4
A is not correct but R is correct