Which of the following most directly helps improve the standard of living?
Answer and explanation
Correct answer: Affordable housing and healthcare
Standard of living refers to the material and social conditions in which people live, including access to basic necessities and essential services. Affordable housing provides security and shelter, while accessible health care protects health and reduces the burden of medical costs. Hence option C most directly improves living conditions. Pollution, unemployment, and crime generally reduce welfare and cannot be treated as improvements in living standards.
Frequently asked questions
What is the correct answer to this question?
Affordable housing and healthcare
Why is this the correct answer?
Standard of living refers to the material and social conditions in which people live, including access to basic necessities and essential services. Affordable housing provides security and shelter, while accessible health care protects health and reduces the burden of medical costs. Hence option C most directly improves living conditions. Pollution, unemployment, and crime generally reduce welfare and cannot be treated as improvements in living standards.
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.
