Question:
In the following question contains a small paragraph followed by a question on it. Read each paragraph carefully and answer the question given below it.
Exports and imports, a swelling favourable balance of trade, investments and bank-balances, are not an index or a balance sheet of national prosperity. Till the beginning of the Second World War, English exports were noticeably greater than what they are today. And yet England has greater national prosperity today than it ever had. Because the income of average Englishmen, working as field and factory labourers, clerks, policemen, petty shopkeepers and shop assistants, domestic workers and other low-paid workers, has gone up.
The passage best supports the statement that :
In the following question contains a small paragraph followed by a question on it. Read each paragraph carefully and answer the question given below it.
Exports and imports, a swelling favourable balance of trade, investments and bank-balances, are not an index or a balance sheet of national prosperity. Till the beginning of the Second World War, English exports were noticeably greater than what they are today. And yet England has greater national prosperity today than it ever had. Because the income of average Englishmen, working as field and factory labourers, clerks, policemen, petty shopkeepers and shop assistants, domestic workers and other low-paid workers, has gone up.
The passage best supports the statement that :
Exports and imports, a swelling favourable balance of trade, investments and bank-balances, are not an index or a balance sheet of national prosperity. Till the beginning of the Second World War, English exports were noticeably greater than what they are today. And yet England has greater national prosperity today than it ever had. Because the income of average Englishmen, working as field and factory labourers, clerks, policemen, petty shopkeepers and shop assistants, domestic workers and other low-paid workers, has gone up.
The passage best supports the statement that :
Updated On: Aug 4, 2024
- a country’s balance of trade is the main criteria of determining its economic prosperity.
- a country’s economic standard can be best adjudged by per capita income.
- a nation’s economy strengthens with the increase in exports.
- english trade has continually increased since the Second World War.
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The Correct Option is B
Solution and Explanation
The correct option is (B) : a country’s economic standard can be best adjudged by per capita income..
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