Which of the following is a characteristic of the 'Foundational Economy' approach to local development?
A. Ignoring everyday services
B. Focusing only on high-tech export clusters
C. Only attracting mobile capital
D. Prioritising the improvement of essential everyday services that all citizens rely on, rather than focusing solely on competitive tradable sectors
Answer: Option D
Solution (By JKSSB Mock Tests)
The foundational-economy perspective argues that the quality and accessibility of essential local services—utilities, food, health, education, care—are central to well-being and should be a primary focus of regional and urban policy.
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