What does it indicate if GDP rises and poor families gain better access to safe housing?
Answer and explanation
Correct answer: Growth may be more inclusive
Inclusive growth means that the gains from economic expansion reach disadvantaged groups and improve their living conditions. If poor families obtain safer housing while GDP rises, the evidence suggests that growth is accompanied by wider access to basic necessities and social benefits. Therefore option A is correct. The other choices cannot be inferred from improved housing access.
Frequently asked questions
What is the correct answer to this question?
Growth may be more inclusive
Why is this the correct answer?
Inclusive growth means that the gains from economic expansion reach disadvantaged groups and improve their living conditions. If poor families obtain safer housing while GDP rises, the evidence suggests that growth is accompanied by wider access to basic necessities and social benefits. Therefore option A is correct. The other choices cannot be inferred from improved housing access.
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.
