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Miscellaneous·2017·Easy

In the last two decades, the world's gross domestic product (GDP) has increased by 50 per cent, whereas inclusive wealth has incrcased by a mere 6 per cent. In recent decades, GDP-driven economic performance has only harmed inclusive wealth like human capital; and natural capital like forests, land and water. While the world's human capital which stands at 57 per cent of total inclusive wealth grew by only 8 per cent, the natural capital which is 23 per cent of total inclusive wealth declined by 30 per cent worldwide in the last two decades. Which of the following is the most crucial inference from the above passage ?

In the last two decades, the world's gross domestic product (GDP) has increased by 50 per cent, whereas inclusive wealth has incrcased by a mere 6 per cent. In recent decades, GDP-driven economic performance has only harmed inclusive wealth like human capital; and natural capital like forests, land and water. While the world's human capital which stands at 57 per cent of total inclusive wealth grew by only 8 per cent, the natural capital which is 23 per cent of total inclusive wealth declined by 30 per cent worldwide in the last two decades. Which of the following is the most crucial inference from the above passage ?

Options

  1. a.

    More emphasis should be laid on the development of natural capital.

  2. b.

    The growth driven by GDP only is neither desirable nor sustainable.

    Correct answer
  3. c.

    The economic performance of the countries of the world is not satisfactory.

  4. d.

    The world needs more human capital under the present circumstances.

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