How does expansion of public parks improve welfare?
Answer and explanation
Correct answer: It provides recreation and a cleaner environment
Public parks provide recreation, space for exercise, relaxation, social interaction, and environmental benefits such as cleaner air and lower local heat. Many of these services are not bought and sold at a clear market price, so their welfare contribution may be understated in GDP. Expansion of parks can nevertheless improve health and quality of life. Therefore, option A is correct; the other choices describe harmful effects that do not follow from parks.
Frequently asked questions
What is the correct answer to this question?
It provides recreation and a cleaner environment
Why is this the correct answer?
Public parks provide recreation, space for exercise, relaxation, social interaction, and environmental benefits such as cleaner air and lower local heat. Many of these services are not bought and sold at a clear market price, so their welfare contribution may be understated in GDP. Expansion of parks can nevertheless improve health and quality of life. Therefore, option A is correct; the other choices describe harmful effects that do not follow from parks.
Which subject and chapter does this question cover?
This is a Class 11 Economics question. Chapter: National Income and Related Aggregates. Topic: GDP and Welfare.
