unbalanced growth

unbalanced growth definition - business

unbalanced growth

Economic growth characterized by the expansion of some sectors much more rapidly than other sectors. For example, technology may be advancing at a much more rapid pace than energy or manufacturing. Unbalanced growth may result from unequal availability of capital, a poor distribution of entrepreneurial abilities, or government policies.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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