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प्रश्न
What will be the impact of "Education for All campaign" (Sarv Shiksha Abhiyan) on the Production Possibilities Curve of the Indian economy and why?
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उत्तर
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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संबंधित प्रश्न
Giving reason comment on the shape of Production Possibilities curve based on the following schedule :
| Good X (units) | Good Y (units) |
| 0 | 10 |
| 1 | 9 |
| 2 | 7 |
| 3 | 4 |
| 4 | 0 |
What will be the impact of recently launched 'Clean India Mission' (Swachh Bharat Mission) on the Production Possibilities curve of the economy and why?
What will likely be the impact of large-scale outflow of foreign capital on Production Possibilities curve of the economy and why?
Giving reason comment on the production possibilities curve based on the following schedule:
| Good X (units) | Good Y (units) |
| 0 | 20 |
| 1 | 18 |
| 2 | 14 |
| 3 | 8 |
| 4 | 0 |
Giving reason comment on the shape of Production Possibilities curve based on the following schedule :
| Good X (units | Good Y (units) |
| 0 | 30 |
| 1 | 27 |
| 2 | 21 |
| 3 | 12 |
| 4 | 0 |
What is likely to be the impact of "Make in India" appeal to the foreign investors by the Prime Minister of India, on the production possibilities frontier of India? Explain
Giving reason comment on the shape of Production Possibilities curve based on the following schedule:
| Good X (units) | Good Y (units) |
| 0 | 16 |
| 1 | 12 |
| 2 | 8 |
| 3 | 4 |
| 4 | 0 |
What will likely be the impact of the large-scale inflow of foreign capital in India on Production Possibilities Curve and why?
Why is a production possibilities curve downward sloping? Explain
Explain the central problem of "What is produced and in what quantities.".
In what circumstances may the production possibility frontier shift away from the origin? Explain.
What is the main idea of production in economics?
What does the theory of production mainly study?
Which set correctly shows the four factors used by a hospital to provide healthcare services?
According to the key points, when is production considered efficient?
