(11) Human development is not the ultimate goal of all economic activities.true or false
(iii) In the public sector, the government owns most of the assets and provides all the services.true or false
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Answer:
human development is not the ultimate goal of economic activities is false and the 2) is true
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Human development is not the ultimate goal of economic activities is a false statement.
In the public sector, the government owns most of the assets and provides all the services is a true statement.
Explanation:
- Human development is described as the process of broadening the freedoms and opportunities of people and enhancing their wellbeing. Human development is about the true freedom that ordinary people have to decide who they should be, what they should do and how they should live.
- The concept of human development was developed by the economist Mahabub ul Haq. The government owns public sector to provide a well established services to the people of state.
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