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Quotes & Anecdotes that can be used in Essays - Economy and Development | UPSC Mains Essay Preparation PDF Download

Quotes in an economy and development essay for UPSC are vital. They lend authority to your arguments, simplify complex ideas, and make your writing more persuasive. By incorporating quotes from renowned economists or leaders, you bolster your credibility and enhance your essay's impact, increasing your chances of impressing the examiners.

Quotes & Anecdotes that can be used in Essays - Economy and Development | UPSC Mains Essay Preparation

  1. The economy is a wholly owned subsidiary of the environment, not the other way around.” – Gaylord Nelson
  2. “The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” – Bill Gates
  3. “Economic growth without social progress lets the great majority of people remain in poverty while a privileged few reap the benefits of rising abundance.” – John F. Kennedy
  4. “The economy is a social institution; it has to do with the quality and direction of human lives.” – Robert Heilbroner
  5. “Sustainable development is the pathway to the future we want for all. It offers a framework to generate economic growth, achieve social justice, exercise environmental stewardship, and strengthen governance.” – Ban Ki-moon
  6. “The economy is a very sensitive organism.” – Ha-Joon Chang
  7. “Economic development is more than a monetary measure; it is a human measure.” – Robert Kennedy
  8. “A rising tide lifts all boats.” – John F. Kennedy
  9. “The economy is the method by which we prepare today to afford the improvements of tomorrow.” – Calvin Coolidge
  10. “The function of protecting and developing health must rank even above that of restoring it when it is impaired.” – Hippocrates
  11. "Economic growth without social progress lets the great majority of people remain in poverty while a privileged few reap the benefits of rising abundance." - John F. Kennedy
  12. "The economy is a wholly owned subsidiary of the environment, not the other way around." - Gaylord Nelson
  13. "The economy is a social institution; it has to do with the quality and direction of human lives." - Robert Heilbroner
  14. "A rising tide lifts all boats." - John F. Kennedy
  15. "The economy is the method by which we prepare today to afford the improvements of tomorrow." - Calvin Coolidge
  16. "The function of protecting and developing health must rank even above that of restoring it when it is impaired." - Hippocrates
  17. "The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency." - Bill Gates
  18. "Economic progress should serve as a means to enhance the well-being of society, not just a measure of financial success." - Joseph Stiglitz
  19. "A nation's true wealth lies not in its material possessions, but in the health, education, and prosperity of its people." - Muhammad Yunus
  20. "The economy exists for the people, not the other way around. Its purpose should always be to improve the lives of all citizens." - Elizabeth Warren

The document Quotes & Anecdotes that can be used in Essays - Economy and Development | UPSC Mains Essay Preparation is a part of the UPSC Course UPSC Mains Essay Preparation.
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FAQs on Quotes & Anecdotes that can be used in Essays - Economy and Development - UPSC Mains Essay Preparation

1. What is the relationship between economy and development?
Ans. Economy and development are closely intertwined, as a strong economy is often a key factor in promoting development. A thriving economy can lead to increased employment opportunities, higher incomes, improved infrastructure, and overall better living standards for a country's citizens.
2. How does economic growth contribute to development?
Ans. Economic growth is essential for development as it provides the resources needed to invest in education, healthcare, infrastructure, and other key areas. By generating wealth and creating jobs, economic growth can help lift people out of poverty and improve their quality of life.
3. What role do government policies play in promoting economic development?
Ans. Government policies can have a significant impact on economic development by creating a favorable business environment, encouraging investment, and supporting key industries. Effective policies can help stimulate growth, reduce poverty, and promote sustainable development.
4. How can developing countries achieve economic development?
Ans. Developing countries can achieve economic development by focusing on key areas such as improving infrastructure, investing in education and healthcare, promoting innovation and entrepreneurship, and fostering a conducive business environment. International cooperation and support can also play a crucial role in helping developing countries achieve their development goals.
5. What are some challenges that can hinder economic development?
Ans. Some challenges that can hinder economic development include corruption, lack of infrastructure, inadequate access to education and healthcare, political instability, environmental degradation, and income inequality. Addressing these challenges requires a comprehensive approach that involves both government and the private sector working together to promote sustainable development.
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