Economic Development and Poverty Quiz

Humanly devised constraints that shape interactions in an economy.

Total gross national income divided by total population.

Functionings refer to what people do or can do, while capabilities are the freedoms that people have.

<p>Basic goods and services necessary for survival.</p> Signup and view all the answers

<p>A set of eight goals adopted to eradicate extreme poverty.</p> Signup and view all the answers

<p>Utility, profit maximization, and market efficiency</p> Signup and view all the answers

<p>Unable to meet minimum income</p> Signup and view all the answers

<p>Practical politics</p> Signup and view all the answers

<p>How economies are transformed</p> Signup and view all the answers

<p>Production is for personal consumption</p> Signup and view all the answers