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Question 17 Lack of access to sanitation and inadequate medical care have a negative impact on the development of human capital

Economics Aug 08, 2020

Question 17 Lack of access to sanitation and inadequate medical care have a negative impact on the development of human capital. True False
Question 18 Poverty is considered to be more permanent in the United States than it is in other nations. True False
Question 19 If all developed countries were willing to meet the U.N.'s Millennium Ald Goal for foreign aid, this would eliminate global poverty. True False MA.
Question 20 According to the World Bank, almost 3 billion people are classified as being in severo poverty. True False

Expert Solution

Ans 17)- The given statement is True.

Because access to sanitation and adequate medical care means better life expectancy and low infant mortality rate. And life expectancy and mortality rates are the factors on which human development depends. So, Due to lack of sanitation and inadequate medical care, the life expectancy will decrease and infant mortality will increase, which will cause the poor human development.

Ans 18)- The given statement is true.

Because among the all development countries at comparable level, the poverty level in United States are 2nd highest. i.e. the level of poverty is higher than the suggested level. Hence, we can say that the poverty is USA is more permanent.

Ans 19)- The given statement is false. i.e. to eliminate global poverty not only developed but also developing or less developed countries have to meet the UN’s millennium aid goals.

Ans 20)- The given statement is false.

Severe poverty is one of the classified poverty by world bank also known as extreme poverty. All the individual having consumption level less than $1.25 (per day in PPP terms) are classified as being in severe poverty. According to world bank data the severe poverty level is far below than 3 billion.

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