A possible strategy for economic development aimed at raising the living standards of the poorest parts of the population such as providing subsidized rice,health care,education,and transportation is often called the
A) decent growth strategy.
B) by-the-bootstrap strategy.
C) contra-dependent development strategy.
D) basic-needs strategy.

Question

Quizplus · Accepted Answer

The basic-needs strategy aims at providing basic necessities such as food (subsidized rice), health care, education, and transportation to the poorest parts of the population to raise their living standards. This approach is also known as the human-centered approach and is focused on improving the quality of life for people rather than simply increasing economic output. Therefore, the best choice is D.

A Possible Strategy for Economic Development Aimed at Raising the Living