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Amartya Sen, a professor of economics at Harvard University and a Nobel Laureate, has argued: "For India to match China in its range of manufacturing capacity . . . it needs a better- educated and healthier labor force at all levels of society." What role do education and health care play in economic growth? How has India been able to experience rapid economic growth since 1991 despite poor education and health care systems?
Based on the statement you have prepared, do you agree with the decision to focus all available resources on promoting the chocolate chips? Assume that there is adequate demand for all three products.
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