How does the concept of “capabilities to function” help us gain insight into development goals and achievements? Is money enough? Why or why not?

Q: Are living standards of developing and developed nations converging?

A: The developed and developing countries are classified on the basis of their per capita income. The…

Q: How do we measure economic growth/development? Enumerate and explain each tools and models.

A: Economic growth basically refers to an increase/rise in an economy's capacity to develop goods and…

Q: onomic gro

A: Sustainable economic growth implies a rate of growth which could be maintained without creation of…

Q: living standards and growth rates

A: The core material components of the standard of living, such as income, gross domestic product…

Q: How does healthcare system in country affect economic development?

A: A health framework, medical care framework, or medical care framework is an association of…

Q: . How does the concept of “capabilities to function” help us gain insight into development goals and…

A: The Sen’s Capability approach was introduced by Amartya Sen and Martha Nussbaum and the major…

Q: Why is health important in economic development? Explain your answer.

A: The market value of all final goods and services produced over the period in the economic territory…

Q: Why will the U.S. population grow faster than othermore developed countries?

A: The population of the United States is expanding at the same rate as, if not faster than, that of…

Q: What is the role of science and technology in development?

A: Economic development refers to the fundamental changes in the structure of both society and the…

Q: Why overpopulation and unemployment affect development of a country?

A: The process of enhancing a society's economic, social, and environmental conditions is referred to…

Q: can you please differentiate economic growth with development?

A: Economic Growth: Economic growth measures the growth and progress of the economy in quantitative…

Q: Explain what we mean with economic development and then discuss the relation between GDP/capita and…

A: Economic development is a qualitative concept that refers to a state of development or improvement…

Q: Has the world progressed in terms of economic development? Give the indicators of economic…

A: The world progressed in past years in terms of economic activity. and there are many indicators that…

Q: How expenditure affects the economic growth and development?

A: In economics, expenditure refers to the income spent on purchase of various goods and services. It…

Q: What are the facts about living standards and growth rates around the world?

A: Growth rate is a measure of the change in a variable over time, expressed as a percentage. It is…

Q: What is the difference between “organisation” and “institution”? Is one more important than the…

A: An organization is used to mean a bunch of individuals, engaged in chasing the planned goals or set…

Q: How does the government use monetary and fiscal policy to achieve economic development? Justify and…

A: Government Use Monetary Policy To Achieve Economic Development It’s the responsibility of the…

Q: Name at least three sources of economic development and explain completely that how they lead to…

A: Sources of economic development refers to key agents which leads to increase in development of an…

Q: According to Jason Hickel how do rich countries de-develop?

A: They can de-develop, according to Hickel, by limiting economic growth and abuse, which leads to…

Q: Explain in detail what are the differences between an emerging country and a developing country

A: Meaning of Emerging and Developing Country: An emerging country refers to emerging economy and…

Q: What is keenness to consume in economic development?

A: Consumption is distinct from consumption expenditure, that is that the purchase of product and…

Q: How can growth and development affect the country’s economy?

A: Economic growth is defined as a rise in the market value of goods and services generated in the…

Q: Critically analyse how happiness is related to economic development

A: The process through which a country's economy expands and strengthens over time with the aim of…

Q: What is economic development? Explain its nature and importance.

A: Economic growth can be defined as an increase in output through increase in factors of production…

Q: correlation between culture and development

A: Culture is a way of life practised as a daily routine.

Q: Describe the developing nations and the problems they face.

A: Some of the common problems faced by all developing countries are discussed below.

Q: Why are health and education so closely linked in the development challenge?

A: The term development in economics refers to the increase in the standard of living of the people in…

Q: In a global context, are opportunities for development growing or diminishing?

A: Development by and large alludes to the course of growth, progress, or headway, frequently with an…

Q: What are the different indicators-other than per capita GDP (PCI)-which economists in recent decades…

A: Economists use various measures to assess the economic development of a country. This helps them in…

Q: how does happiness influence economic development and GDP through social, economic, and political…

A: Economic development alludes to the cycle by which an economy further develops the prosperity of its…

Q: How does conflict, controveries and opportunities affect the economic development.

A: The social compact falls broken when the economy stagnates or declines, and governmental services…

Q: Among the three core values of development, which among them plays the most important role to…

A: The three basic components or core values of development as were described by Amartya sen were…