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प्रश्न
Why NNP is not considered as a useful measure to compare a country’s development with other countries?
उत्तर
- For comparison between countries' development, total income or the national income is not a useful measure.
- Since countries have different populations, comparing total income will not tell us what an average person is likely to earn.
- Hence we compare average income which is also called per capita income.
- Now the economical have realized that investment in human capital.
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संबंधित प्रश्न
The term ‘Human resources’ refers to.
Assertion (A): The Net National Product (NNP) is considered as a true measure of national output.
Reason (R): It is also known as national income.
The Human Development Index (HDI) does not take into account the following dimension in its calculation.
Economic progress of any country is known as ______________.
Human Development Report of the world prepared and released by _____________.
Expand the HDI.
Expand the NNP.
Expand the PCI.
Assertion (A): The term ‘economic development’ refers to the overall growth of all sectors of
the economy.
Reason (R): By adoption of new technologies.
Define Purchasing Power Parity.
