economicsChoose whether the given statement is True/False:Income is not the only developmental criterion for people.

Choose whether the given statement is True/False:


Income is not the only developmental criterion for people.


  1. A
    True
  2. B
    False 

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    Solution:

    The above statement is true.
    Income is not the only developmental criterion for people. For many people, a high income may be one of the most important criteria for development, but people generally have many other developmental criteria other than income. People would like to be treated with respect and on par with everyone else. They seek a sense of freedom, security, and respect as essential criteria for development. For others, developmental goals include a noise-pollution-free environment and access to affordable and good-quality universal healthcare. A safe and secure environment and a sense of security are essential developmental criteria for working women. The proper implementation of political and fundamental rights available to a citizen may also be another criterion for development.   
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