According to Amartya Sen, Development Should Be

question 57

Multiple Choice

According to Amartya Sen, development should be

• A) seen as a process of expanding the real freedoms that people experience.
• B) seen as a nonpolitical concept that focuses on the net income of a country.
• C) viewed as a purely economic process.
• D) assessed by material output measures such as GNI per capita.

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Definitions:

Cashier Deposits

Refers to the funds that cashiers collect and deposit into the business's bank account, typically part of daily sales transactions.

Bonded Employees

Employees who have been guaranteed by a bonding company against theft or misconduct, offering protection to the employer.

Cash Over and Short

An account that records any discrepancies between physical cash and the recorded amount, used to track overages and shortages.

Petty Cash Transactions

Small amounts of cash kept on hand for making immediate payments for miscellaneous small expenses.