Q1 A of 38 Page 175

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Assertion (A): Development increases the quality of life.


Reason (R): People will have higher incomes, better education, better health and nutrition, less poverty.


Economic development refers to the overall growth of the country’s standard of living and welfare of its citizens. It includes income level, education level, health level, and poverty level.

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1

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The term ‘Human resources’ refers to


 1 C

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For comparing development between countries, their ________ is considered to be one of the most important attributes.


 1 D

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________ is considered a true measure of national income.


 1

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The ________ income is also called per capita income.