What may happen to welfare if the number of public parks and playgrounds increases?
Answer and explanation
Correct answer: Health, recreation, and social life may improve
Public parks and playgrounds provide non-market benefits that may not be fully reflected in GDP. They encourage physical activity, recreation, relaxation, and interaction among community members. These benefits can improve physical and mental health and social well-being. Therefore option A is correct. The other choices are either unrelated or use absolute claims that do not follow from providing public spaces.
Frequently asked questions
What is the correct answer to this question?
Health, recreation, and social life may improve
Why is this the correct answer?
Public parks and playgrounds provide non-market benefits that may not be fully reflected in GDP. They encourage physical activity, recreation, relaxation, and interaction among community members. These benefits can improve physical and mental health and social well-being. Therefore option A is correct. The other choices are either unrelated or use absolute claims that do not follow from providing public spaces.
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.
