How does ADB define "inclusive growth"?

The definition of "inclusive growth" as provided by the Asian Development Bank emphasizes the importance of economic growth that is not only sustainable but also equitable. This means that growth should benefit a broad segment of the population rather than just a small, wealthy elite. Inclusive growth involves creating opportunities for all members of society, ensuring that marginalized and disadvantaged groups are included in the economic process.

This concept is central to the ADB’s mission, as it seeks to reduce poverty and improve living standards across the region. By focusing on equitable distribution of resources and opportunities, inclusive growth aligns with the bank's goals of empowering communities and fostering overall development.

The other choices reflect concepts that contradict the principles of inclusive growth. Growth solely focused on industrialization, for example, does not address the broader societal impacts or the need for equitable access to economic benefits. Similarly, economic growth that is unsustainable fails to ensure long-term stability and well-being, while growth based on wealth concentration undermines the foundational idea of inclusivity by perpetuating economic inequalities.