Study the data given below:
Country
Total GDP
GDP PER CAPITA
Japan
$4, 872,415,104,315
$38,214
Germany
$3,693,204,332,230
$44,680
Source: World Bank
Despite a higher total income than Germany, Japan has a lower per capita income. What is the reason for this?
Important Questions on Development
"We have not inherited the world from our forefathers, we have borrowed it from our children." - Mr. Lester Brown
Which of the following BEST displays this principle in action?
For a famous businessman's mall-building project, a slum in Mumbai is being cleared and its people displaced, with only a small payment for their land. There have been protests and a Public Interest Litigation has been filed in the court.
What should the local government do?
Welfare economics is the branch of economics that seeks to evaluate economic policies in terms of their effects on well-being of the community.
Which of the following improvements to your locality would NOT align with this view of welfare?
People need only a good income to have a good standard of living, as income can buy everything that one needs for a good life.
Is this statement correct? Give a reason to support your answer.
The sex ratio refers to the number of females per males in the population.
Odisha has a better sex ratio () than Madhaya Pradesh (). All other indicators being equal, how does this affect the Human Development Index of the two states?
