Advertisement Remove all ads

What Will Be the Impact of "Education for All Campaign" (Sarv Shiksha Abhiyan) on The Production Possibilities Curve of the Indian Economy and Why? - Economics

What will be the impact of "Education for All campaign" (Sarv Shiksha Abhiyan) on the Production Possibilities Curve of the Indian economy and why?

Advertisement Remove all ads

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.

Concept: Concept of Production
  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×