What type of indicator is life expectancy?
Answer and explanation
Correct answer: Social welfare indicator
Life expectancy estimates the average number of years a person is expected to live under current mortality conditions. It reflects public health, nutrition, sanitation, medical access, and general quality of life, so it is a social welfare indicator. Option C is correct. It is not limited to production, prices, or trade, although economic conditions can influence the health factors behind it.
Frequently asked questions
What is the correct answer to this question?
Social welfare indicator
Why is this the correct answer?
Life expectancy estimates the average number of years a person is expected to live under current mortality conditions. It reflects public health, nutrition, sanitation, medical access, and general quality of life, so it is a social welfare indicator. Option C is correct. It is not limited to production, prices, or trade, although economic conditions can influence the health factors behind it.
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.