Which of the following describes the unique approach to financial empowerment in Kerala?

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AA focus on heavy industrialization and state-led manufacturing.

BA blend of robust social welfare, grassroots decentralization, and a service-based economy

CAn emphasis on attracting foreign direct investment through tax incentives alone.

DA strategy prioritizing agricultural exports and land consolidation.

Answer:

Kerala's model is not a simple capitalist or socialist one.
It is a complex blend of strong government-led social welfare programs, decentralized local governance, and a thriving service-based economy fueled by remittances and human capital.

Related Questions:

Identify the incorrect statement concerning relative poverty.

Differences in living standards among people are irrelevant to the concept of relative poverty.
The concept of relative poverty is based on a comparison of an individual's or household's standard of living to the overall societal average.
A person experiencing relative poverty can still often afford basic necessities like food, water, and shelter.

Which of the following factors have effectively contributed to reducing poverty in Kerala?

Land reforms, along with the widespread availability of education and healthcare, have played a crucial role.
Decentralization, pension schemes, and an efficient public distribution system were key strategies.
The Kudumbashree initiative and consolidated efforts through Plan schemes have significantly contributed.
Poverty reduction in Kerala is solely attributable to rapid industrialization and private sector growth.