Economics
Give some examples where factors other than income are important aspects of our lives.
Answer
There are factors like equality, respect and freedom that are important aspects of our lives other than income. Money, or material things that one can buy with it, is one factor on which our life depends. But the quality of our life also depends on non-material things. For example, other than a high paying job, a women also needs security, freedom and equality.
Related Questions
Why do different persons have different notions of development? Which of the following explanations is more important and why?
(a) Because people are different.
(b) Because life situations of persons are different.
Do the following two statements mean the same? Justify your answer.
(a) People have different developmental goals.
(b) People have conflicting developmental goals.
Explain some of the important ideas of the above section in your own words.
Look at the picture on the right. What should be the developmental goals for such an area?
