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Mention any two non-economic factors which affect national welfare of a country. - Economics

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Question

Mention any two non-economic factors which affect national welfare of a country.

Short Answer
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Solution

A number of non-economic elements also affect national welfare in addition to some economic ones. The following are two examples of non-economic elements that impact national welfare:

  1. Provisions for better health facilities for the common people
  2. Provisions for better educational facilities at the primary and higher levels.
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Chapter 34: National Income and Economic Welfare - TEST QUESTIONS [Page 34.17]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 34 National Income and Economic Welfare
TEST QUESTIONS | Q A. 7. | Page 34.17
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