Q2 of 40 Page 1

Expansion of retail chains owned by big industrialists.

Growth of high salary high tech jobs adds to national income but does not help growth in over all employment opportunities for different grades of labourers. Expansion of retail chains by big business houses creates unemployment among the existing small scale traders and vendors.

More from this chapter

All 40 →
1 Why is per capital income considered as an important criterion for development? 3 Increase in total income of a country may or may not lead to greater welfare of the masses. Comment on this. 4 Money alone cannot provide all that makes life worth living. Discuss this statement. 5 How can development be made sustainable? Illustrate with examples from everyday life.