SSC Economics Sample Paper NCERT Sample Paper-4

  • question_answer
    Consider the following statements:
    1. In any nation, human development (HD) outcomes are a function of economic growth, social policy, and poverty reduction measures at the macro-level.
    2. The expansion of human functioning in terms of health and education attainment, reduction of income poverty and economic growth is linked in a synergistic manner.
    3. Investment in health and education can enhance human functioning which can eventually alleviate poverty by improving employability.
    4. Resources generated through income poverty reduction and economic growth can be used to enhance human development. Which of the statements given above is/are correct?

    A)  1 and 2 only    

    B)  1, 2 and 3 only

    C)  1, 2, 3 and 4    

    D)  None of the above

    Correct Answer: B

    Solution :

    [b] Dependency theorists argue that poor countries have sometimes experienced economic growth with little or no economic development initiatives; for instance, in cases where they have functioned mainly as resource-providers to wealthy industrialized countries. According to them, the first chain consists of economic growth benefiting human development, since economic growth is likely to lead families and individuals to use their heightened incomes to increase expenditures, which in turn furthers human development. At the same time, with the increased consumption and spending, health, education, and infrastructure systems grow and contribute to economic growth.

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