Advertisements
Advertisements
Question
Write a short note on Welfare Economics given by Amartya Sen.
Advertisements
Solution
- Amartya Sen was awarded the Nobel prize for his contributions to welfare economics.
- Sen’s major point has been that the distribution of income/consumption among the persons below the poverty line is to be taken into account.
- Sen has focused on the poor, viewing them not as objects of pity requiring charitable hand-outs, but as disempowered folk needing empowerment in all aspects.
APPEARS IN
RELATED QUESTIONS
Economic growth of a country is measured by national income indicated by ______.
Which one of the following is a developed nations?
The position of Indian Economy among the other strongest economies in the world is ______.
Mixed economy means ______.
The number of births per thousand population is called as
Density of population =
Who introduced the National Development Council in India?
Who among the following propagated Gandhian Economic thinkings.
The advocate of democratic socialism was
Gandhian Economics is based on the Principle
Thiruvalluvar economic ideas mainly dealt with
Give a short note on Sen’s ‘Choice of Technique’.
List out the reasons for low per capita income as given by V.K.R.V. Rao.
Write the strategy of Jawaharlal Nehru in India’s planning.
Write the V.K.R.V.Rao’s contribution on multiplier concept.
Write a brief note on the Gandhian economic ideas.
