Economics · Poverty and Human Development
Given below are two statements: One is labelled as Assertion (A) and the other as Reason (R): Assertion (A): Amartya Sen's Capability Approach represents a departure from welfarist income-based poverty measurement. Reason (R): Sen argues that income is merely an instrument for achieving functionings and capabilities, not an end in itself, and that the same income may generate very different levels of well-being depending on personal and social circumstances. In light of the above statements, choose the correct answer:
- 1(A) is false, but (R) is true
- 2(A) is true, but (R) is false
- 3Both (A) and (R) are true, but (R) is NOT the correct explanation of (A)
- 4Both (A) and (R) are true, and (R) is the correct explanation of (A)✓
Correct answer
Both (A) and (R) are true, and (R) is the correct explanation of (A)
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