ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is NOT a consequence of economic growth
A
Less employment
B
Pollution
C
Increased incomes
D
Improved living standards
Explanation: 

Detailed explanation-1: -The correct answer is Technocrats and Bureaucrats. Technocrats and Bureaucrats are NOT a major factor of economic growth.

Detailed explanation-2: -Economic growth may also lead to greater stress on workers. Increase of output may require some people to work for longer hours, some to learn new skills and some to change their job. The net impact of economic growth is influenced by its rate, means adopted to achieve it and distribution of its benefits.

Detailed explanation-3: -The correct answer is Human resources. Economic growth means more output. Economic development is the technical and institutional setup by which such output is produced and distributed. Human Resource is not taken as a factor among the non-economic factors which contribute to economic growth.

There is 1 question to complete.