AI-generated practice question — model-generated for extra practice, not a previous-year CBSE board question.
Per capita income is an average figure that hides inequalities in income distribution and ignores non-material aspects of well-being. Hence, it alone cannot measure true development.
Example 1 — Security: A job may offer high pay but no job security, leaving a person anxious. Another with lower pay but stable employment gives a greater sense of security and freedom, which many people value more.
Example 2 — Respect and Equal Treatment: People resent discrimination. A woman may value dignity and equal treatment in society more than a marginal rise in household income.
Thus, people seek a mix of goals — security, freedom, health, equal treatment — which money alone cannot capture.
Source: Chapter 1 — Development, "What Development Promises" and "Income and Other Goals"
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