Economics · Development Economics Concepts
The 'Capability Approach' to development, propounded by Amartya Sen, defines poverty primarily as:
- 1Lack of income below a threshold level
- 2Deprivation of basic capabilities to lead a life one has reason to value✓
- 3Inability to consume a minimum calorie count per day
- 4Failure to achieve relative income parity with average households
Correct answer
Deprivation of basic capabilities to lead a life one has reason to value
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