1. Briefly describe two examples of things that directly increase GDP but are not good for...
1. Briefly describe two examples of things that directly increase GDP but are not good for development, including how they are good for GDP and bad for development. Be specific. A few sentences should be sufficient.
2. Briefly describe two examples of things that don't directly increase GDP but are good for development, including how. Be specific. A few sentences should be sufficient.
3. How important is income to development? Provide brief, well-reasoned arguments. A few sentences should be sufficient.
Homework Answers
1.Opening new plants by exploiting forest reserves and letting the industries pollute more can increase GDP because total production will rise,but these policies are bad for development because it supports environmental pollution and deforestation.
2.Education and healthcare do not directly increase GDP but an educated and healthy population can contribute more in production process and are good for overall development of a country.
3.Income is important to development.Development without rise in income does not bring much real value to people.
But an increase in income should be the sole parameter to measure development.Overall development is an increase in income,qual qua of education and healthcare,and better environmental conditions.Every component of development is equally important.
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