If a country's manufacturing capacity is fully utilized, there can be no industrial growth without new capital invest...

Gaby June 9, 2017

What is an overarching principle rule?

I still don't understand the implications of that concept. can you please explain ?

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Mehran June 12, 2017

@Gaby I am not sure that I am understanding your question here correctly, so please let me know if my response does not address it.

The idea here is that the principle set forth, i.e. "no industrial growth without new capital investment" does not always apply. Rather, it applies if a country's manufacturing capacity is fully utilized.

So "if a country's manufacturing capacity is full utilized:"

IG ==> NCI
not NCI ==> not IG

Hope that helps! Please let us know if you have any other questions.

JayDee8732 October 27, 2017

I thought the beginning of the first sentence "If the country manufacturing capacity is fully utilized," was a premise why is it considered a "overarching principle".