ECONOMICS
BARRIERS TO TRADE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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People are able to get better jobs.
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A nation’s government weakens.
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A nation’s industry improves.
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People are able to improve their lives.
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Detailed explanation-1: -Schemes such as Sarva Shiksha Abhiyan Scheme provide free education, Mid-Day meal scheme provides food for the students. Poor people send their children to school as they are getting food in school. Scholarships are also provided to increase the interest of students.
Detailed explanation-2: -The literacy rate of a country affects its economic development greatly. The more literate citizens a country has, the greater is its economic development. People who are literate can more easily develop skills that will help them in the workplace and will help them find and keep jobs, so they can spend money.
Detailed explanation-3: -It will reduce the occupational immobility of labor and will also improve the employability of the labor supply. Unskilled labors are seasonally employed, mainly in agricultural fields, and paid minimal wages. Imbibing skills in these workers will ensure them more permanent jobs and higher wage rates.
Detailed explanation-4: -Literacy improves health. Literacy promotes “lifelong learning” and builds skills. Literacy improves the economy and creates jobs. Literacy promotes gender equality. Literacy promotes democracy and peace. Literacy builds self-esteem and overall quality of life. 27-Aug-2020