Question

De-development"" is a concept introduced by Jason Hickel. The idea is that the rich countries should slow down in their consumption so that poor nations can ""catch-up.""How do you think will this ""de-development"" impacts your life? Give 4 ways

Answer 1

Answer:

Explanation:

(a) Social Policy is one of the major components of the Economic Policy

(b) The Social Policy and the Economic Policy are inter-related

(c) The Economic Policy is the integral part of the Social Policy

(d) Social Policy and Economic Policy are separate and each have no relation with the following it

Answer 2

No one has ever become poor by giving

Explanation:

As our former prime minister Dr. A.P.J Abdul Kalam said " We are global citizen and every citizen is our own brothers and sisters". De-development is a novel concept where the developed nations should reduce their per capita consumptions to help the under developed countries to suffice their requirements. This was also brought under the purview of United Nations Development Programme (UNDP).

How De-development benefit poor countries ?

• India being a developing country, it must rely on European countries for capital and technology. This is being strategically utilized  by the wealthy nations to increase the price of the goods. So, if de-development takes place, this will reduce the global price hike.
• Climatic imbalances in poor countries. 60% of carbon emission is from the Top 5 GDP nations. But the damage caused is experienced by all.  There should be a fund or subsidies provided for the affected countries.
• After LPG policy, MNCs started showing its dominance all over the world. Instead of starting different outlets, initiating production in the  soil will lead to growth.
• Our day-to-day products mostly depend upon the western influences. Health, medicines, outfits, electronics etc are influenced directly or indirectly by them.