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Which of the following approaches to human development focuses on income as the key factor?
- a)Welfare Approach
- b)Income Approach
- c)Minimum Needs Approach
- d)Capabilities Approach
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which of the following approaches to human development focuses on inco...
- The Income Approach focuses on income as the key factor in human development.
- This approach measures development by the level of income people have, assuming higher income leads to better living standards.
- It emphasizes economic growth, believing that increased income allows for better access to goods, services, and opportunities.
- Other approaches, such as the Welfare, Minimum Needs, and Capabilities Approaches, consider broader aspects like health, education, and freedoms beyond just income.
- This approach measures development by the level of income people have, assuming higher income leads to better living standards.
- It emphasizes economic growth, believing that increased income allows for better access to goods, services, and opportunities.
- Other approaches, such as the Welfare, Minimum Needs, and Capabilities Approaches, consider broader aspects like health, education, and freedoms beyond just income.
Topic in NCERT: Welfare Approach
Line in NCERT: "This is one of the oldest approaches to human development. Human development is seen as being linked to income."
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Question Description
Which of the following approaches to human development focuses on income as the key factor?a)Welfare Approachb)Income Approachc)Minimum Needs Approachd)Capabilities ApproachCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2025 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Which of the following approaches to human development focuses on income as the key factor?a)Welfare Approachb)Income Approachc)Minimum Needs Approachd)Capabilities ApproachCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following approaches to human development focuses on income as the key factor?a)Welfare Approachb)Income Approachc)Minimum Needs Approachd)Capabilities ApproachCorrect answer is option 'B'. Can you explain this answer?.
Which of the following approaches to human development focuses on income as the key factor?a)Welfare Approachb)Income Approachc)Minimum Needs Approachd)Capabilities ApproachCorrect answer is option 'B'. Can you explain this answer? for Humanities/Arts 2025 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Which of the following approaches to human development focuses on income as the key factor?a)Welfare Approachb)Income Approachc)Minimum Needs Approachd)Capabilities ApproachCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following approaches to human development focuses on income as the key factor?a)Welfare Approachb)Income Approachc)Minimum Needs Approachd)Capabilities ApproachCorrect answer is option 'B'. Can you explain this answer?.
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