Money in your pocket cannot buy all the goods and services that you may need to live well. So, income by itself is not a completely adequate indicator of material goods and services that citizens are able to use. For example, normally, your money cannot buy you a pollution-free environment or ensure that you get unadulterated medicines, unless you can afford to shift to a community that already has all these things. Money may also not be able to protect you from infectious diseases, unless the whole of your community takes preventive steps. Actually for many of the important things in life the best way, also the cheapest way, is to provide these goods and services collectively.
Once it is realised that even though the level of income is important, yet it is an inadequate measure of the level of development, we begin to think of other criterion. There could be a long list of such criterion but then it would not be so useful. What we need is a small number of the most important things. Health and education indicators, such as the ones we used in comparison of Kerala and Haryana, are among them.
Over the past decade or so, health and education indicators have come to be widely used along with income as a measure of development. For instance, Human Development Report published by UNDP compares countries based on the educational levels of the people, their health status and per capita income. It would be interesting to look at certain relevant data regarding India and its neighbours from Human Development Report 2018.
(a) Infer the importance of public facities. (b) What are indicators of development used by UNDP?
(c) Is money sufficient to predict development? If not, why?
Answers
Answer:
money is not sufficient for
our life it is a work hard that took us in future good
Indicators of Development
Explanation:
(a) Individual income cannot guarantee a good standard of living. Standard of living will improve only if the community surrounding you has better health and access to good education. We need to protect people from infectious disease by improving access to healthcare and sanitation collectively. By educating people, we can aim for reduced pollution and better living conditions. Social consciousness and collective effort can bring down adulteration in food and medicine.
(b) UNDP compares countries based on indicators of development like educational levels of the people, their health status and per capita income.
(c) Money alone is not sufficient to predict development as higher income alone cannot guarantee a good standard of living. Standard of living will improve only if the community surrounding you has better health and access to good education. Otherwise, we are at risk of infectious disease that affect the community around us. Our wealth can't protect us. Crimes and adulteration affecting the surrounding are bound to affect us as well. Our wealth will not make us exclusive.