Question

What are the core values of development as described by Amartya Sen and Goulet D? Choose the correct option given below:
1. Sustenance, self esteem, freedom, capabilities, entitlement.  
2. Health, nutrition, education, capabilities, entitlement 
3. Food, clothing, shelter, drinking water, sanitation
4. Increase in national income, per capita income, basic needs, freedom, education 

Answer 1

Correct Answer - Option 1 : Sustenance, self esteem, freedom, capabilities, entitlement.  

The correct answer is Sustenance, self-esteem, freedom, capabilities, entitlement.

• In this context, he quotes Goulet's distinguishing of three basic components or core values of development:-
  • Life-sustenance
  • Self-esteem
  • Freedom.
• This analysis can be viewed as a precursor to the work of the Human Development Index and Amartya Sen. 
• Amartya sen awarded from Nobel Memorial Prize in Economic Sciences in 1998, National Humanities Medal in 2012.
• According to Amartya sen three core values of development:-
  • Sustenance the ability to keep an individual alive
  • Self-esteem
  • Freedom from servitude and poverty
• He was also awarded from Bharat Ratna in 1999.