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Question
What will be the impact of "Education for All campaign" (Sarv Shiksha Abhiyan) on the Production Possibilities Curve of the Indian economy and why?
Solution
If the people of a country are well educated, they are said to have more efficiency to perform skilled work. Hence, the ‘Education for all Campaign’ increases the production potential, and thus, the production possibility curve will shift nearer to PPC. This is shown in the diagram below.
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