Economics
Explain some of the important ideas of the above section in your own words.
Development
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Answer
Quality of life depends upon many factors like money, health, happiness, etc. Money alone cannot buy happiness and satisfaction. Physical and mental well-being significantly impacts quality of life. Feeling safe in one’s environment, both physically and emotionally, contributes to a higher quality of life. The ability to make choices, express oneself, and live according to personal values enhances quality of life.
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Related Questions
Do the following two statements mean the same? Justify your answer.
(a) People have different developmental goals.
(b) People have conflicting developmental goals.
Give some examples where factors other than income are important aspects of our lives.
Look at the picture on the right. What should be the developmental goals for such an area?
Read this newspaper report and answer the questions that follow:
A vessel dumped 500 tonnes of liquid toxic wastes into open-air dumps in a city and in the surrounding sea. This happened in a city called Abidjan in Ivory Coast, a country in Africa. The fumes from the highly toxic waste caused nausea, skin rashes, fainting, diarrhoea etc. After a month seven persons were dead, twenty in hospital and twenty six thousand treated for symptoms of poisoning. A multinational company dealing in petroleum and metals had contracted a local company of the Ivory Coast to dispose the toxic waste from its ship.
(i) Who are the people who benefited and who did not?
(ii) What should be the developmental goal for this country?