What is the most appropriate interpretation if literacy rises along with GDP?
Answer and explanation
Correct answer: Development may include both economic and social improvement
The governing concept is the distinction between economic growth and broader development. Higher GDP indicates increased measured output, while rising literacy suggests improved human capability, access to knowledge and social opportunity. Together they may indicate both economic and social progress, although they do not prove that every welfare dimension improved. Therefore option A is correct; the other options are unsupported conclusions.
Frequently asked questions
What is the correct answer to this question?
Development may include both economic and social improvement
Why is this the correct answer?
The governing concept is the distinction between economic growth and broader development. Higher GDP indicates increased measured output, while rising literacy suggests improved human capability, access to knowledge and social opportunity. Together they may indicate both economic and social progress, although they do not prove that every welfare dimension improved. Therefore option A is correct; the other options are unsupported conclusions.
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.