What is the general effect of more employment opportunities on welfare?
Answer and explanation
Correct answer: Improvement in income and living standards
The governing concept is that welfare depends partly on income, economic security and living conditions. More employment opportunities usually allow more people to earn income, consume necessities and improve their standard of living. Therefore, option A is correct. Literacy does not necessarily decline, crime does not certainly increase, and healthcare services do not end merely because employment expands.
Frequently asked questions
What is the correct answer to this question?
Improvement in income and living standards
Why is this the correct answer?
The governing concept is that welfare depends partly on income, economic security and living conditions. More employment opportunities usually allow more people to earn income, consume necessities and improve their standard of living. Therefore, option A is correct. Literacy does not necessarily decline, crime does not certainly increase, and healthcare services do not end merely because employment expands.
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.
