ECONOMICS (CBSE/UGC NET)

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ECONOMICS

PROPERTY RIGHTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The government proposed to purchase places from private residential care homes to ease the shortage of subsidised residential care places for the elderly. The service hours of new elderly day care centres would also be extended to enhance the elderly community care services.The above proposal is related to the ____ question(s) in economics.
A
‘what to produce’
B
‘what to produce’ and ‘how to produce’
C
‘what to produce’ and ‘for whom to produce’
D
‘how to produce’ and ‘for whom to produce’
Explanation: 

Detailed explanation-1: -This scheme shall cover all possible affirmative actions which can be taken for the welfare and well-being of the Senior Citizens in the county enabling each one of them to live a life of dignity. Action can be taken under any and each of its 10 developmental objectives and its sub components as stated above.

Detailed explanation-2: -The basic needs include financial security, personal security and safety, health care and health challenges, mental health, and self-actualization.

Detailed explanation-3: -Residential care homes, also known as senior living homes, adult family homes, board and care homes or personal care homes offer lodging, meal services, activities to stimulate physical and mental health and supervised assistance with daily living activities to a small community of seniors.

Detailed explanation-4: -Elderly care, or simply eldercare (also known in parts of the English-speaking world as aged care), serves the needs and requirements of senior citizens. It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care), hospice care, and home care.

There is 1 question to complete.
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