Question

In defining development to include more than just the growth of per capita income, there is an implicit assumption that the growth of per capita income alone is not sufficient to guarantee the reduction of poverty and the growth of self-esteem. Is it possible that there could be growth of per capita income without the achievement of these other objectives.

Answer 1

Answer:

The statement is True

Explanation:

Increasing per capita income alone is NOT sufficient to alleviate poverty and help to develop self-esteem. The explanation for this is that per capita income is expressed as total resources / total population and that's just the median wage. This does not really calculate the enhancement of quality of life in developing countries, as we do not know whether or not income is distributed equally.Also, if a nation has a high income level but impoverished healthcare and education, then it isn't a positive sign, it is termed "growth without advancement." There's no rise in functionalities, but there deserves to be a development of self-esteem and education and training for an individual to work effectively. You also need to have self-esteem to give back to society and to obtain the sense of freedom