Direct and indirect benefits, Microeconomics

Assignment Help:

Direct and Indirect Benefits

Life time earnings of an educated person is an instance of direct benefit from education. Skills produced in training or extension programmes in agriculture that assist in stepping up productivity is another illustration of direct benefits.

Development of attitudes favourable for

  1. Savings
  2. Small family
  3. Modernisation
  4. Development response
  5. Rational outlook
  6. Scientific temper
  7. Democratic behaviour

They all are instances of indirect benefits. Studies of development response in rural areas have revealed that persons with even lower primary education demonstrate a higher level of response as compared to illiterates when other correlates of life are comparable.


Related Discussions:- Direct and indirect benefits

Protectionism and free trade, reasons for and against free trade with forei...

reasons for and against free trade with foreign sector

Production, explain 6 factors that determine volume of production

explain 6 factors that determine volume of production

Microeconomics, Consider the following insurance market. There are two stat...

Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low

Explain opportunity costs using a ppf, Explain opportunity costs using a PP...

Explain opportunity costs using a PPF where investment goods are on one axis and consumption goods on the other. Again, a good definition of opportunity costs linked to the not

Cost of job loss, When a worker is fired orlaid off, they experience a sign...

When a worker is fired orlaid off, they experience a significant out-of-pocket cost. That cost of job loss relies on how much they were earning in their job, how long it takes them

Will governments follow good policies, Will Governments Follow Good Policie...

Will Governments Follow Good Policies? That governments can assist in development and growth doesn't mean that governments will. The broad experience of growth in developing ec

Measures to promote growth - structure of national income, MEASURES TO PROM...

MEASURES TO PROMOTE GROWTH: In view of the recent global experience, the following steps need be taken to accelerate the rate of growth.  1) Mastering and constantly improv

Theory, Explainbainlimitpricetheory

Explainbainlimitpricetheory

How have economists traditionally defined economic growth, How have economi...

How have economists traditionally defined "economic growth," and how is that different from "living standards growth"?  Economists have traditionally explained economic growth

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd