Cite at least three challenges facing India and describe how each hinders economic growth.
11. Cite at least three challenges facing India and describe how each hinders economic growth.
12. How much did the World Bank contribute to India in development assistance?
13. Cite at least one news item for India and explain how it relates to economic growth.
14. Find the statistics (1–5 above) India, Is your country converging? Explain.
GDP If national income is a good measure of well-being, why is Switzerland’s Gross Domestic Product so much lower than India’s GDP ? What measures would better compare the well-being for residents of different countries? How do you expect these direct measures to correlate with per capita GDP?
