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Development
Question
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'It will be wrong to conclude that what cannot be measured is not important'. Explain by example.

Answer

However, it will be wrong to conclude that what cannot be measured is not important.

Consider an example: If you get a job in a far off place, before accepting it you would try to consider many factors, apart from income, such as facilities for your family, working atmosphere, or opportunity to learn. In another case, a job may give you less pay but may offer regular employment that enhances your sense of security. Another job, however, may offer high pay but no job security and also leave no time for your family. This will reduce your sense of security and freedom.

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Some More Questions From Development Chapter

Development of a country can generally be determined by:

Which of the following neighbouring countries has better performance in terms of human development than India?

Assume there are four families in a country. The average per capita income of these families is Rs. 5000. If the incomes of three families is Rs. 4000, Rs. 7000 and Rs. 3000 respectively, what is the income of the fourth family?

What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?

In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?

Why do we use averages? Are there any limitations to their use? Illustrate with your own examples related to development.

Kerala, with lower per capita income has a better human development ranking
than Maharashtra. Hence, per capita income is not a useful criterion at all and
should not be used to compare states. Do you agree? Discuss.

Find out present sources of energy used by people in India. What could be possibilities fifty years from now?

Why is the issue of sustainability important for development?

“The earth has enough resources to meet the needs of all but not enough to satisfy the greed to even one person.” How is this statement relevant to the discussion of development? Discuss.