Which of the following is most helpful in converting GDP growth into real public welfare?
Answer and explanation
Correct answer: शिक्षा, स्वास्थ्य और रोजगार तक व्यापक पहुँच
GDP growth measures an increase in the value of final goods and services, but it does not by itself prove that living conditions have improved for everyone. Broad access to education, healthcare, and decent employment converts higher production into human development by expanding capabilities, income opportunities, and security. Therefore, option B is correct. Luxury production may benefit a narrow group, resource overuse can reduce future welfare, and income concentration limits inclusive benefits.
Frequently asked questions
What is the correct answer to this question?
शिक्षा, स्वास्थ्य और रोजगार तक व्यापक पहुँच
Why is this the correct answer?
GDP growth measures an increase in the value of final goods and services, but it does not by itself prove that living conditions have improved for everyone. Broad access to education, healthcare, and decent employment converts higher production into human development by expanding capabilities, income opportunities, and security. Therefore, option B is correct. Luxury production may benefit a narrow group, resource overuse can reduce future welfare, and income concentration limits inclusive benefits.
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.
