Question

Which of the following is/are contributions of Amartya Sen:

Code:

• A. 1 and 2 only
• B. 2 and 3 only
• C. 1 and 4 only
• D. 1, 2 and 4 only

Answer 1

The correct option is A

1 and 2 only

The Capability Approach of development is defined by its choice of focus upon the moral significance of individuals’ capability of achieving the kind of lives they have reason to value. This distinguishes it from more established approaches to ethical evaluation, such as utilitarianism.

The HDI was developed by the Pakistani economist MahbubulHaq working alongside Indian economist Amartya Sen.

The Phillips curve is named after its founder A. W. Phillips and establishes relationship between rates of unemployment and rates of inflation.

Social Contract theory is a political theory contributed by Thomas Hobbes.