Modernization is an important economic planning objective that focuses on _______ .
(i) Adoption of innovative technology
(ii) Equal distribution of income and wealth
(iii) Bringing positive changes in the social outlook
Modernization involves:
Adoption of innovative technology: Enhances productivity and global competitiveness.
Positive social outlook: Encourages progressive attitudes and cultural development. Modernization ensures economic and social progress by focusing on technological and social development.