7.Development economists use the concept of __ clothing, and shelter to ensure continued to represent a'specific minimum level of income needed to satisfy the basic physical needs of food survival. a.Inequality b. Absolute poverty c. Equality d. Social exclusion 8.Which of the following are two indicators of absolute poverty? c.Infrastructure -Education d. Technology - Health a.Health - Education b. Gender - Health 9.Which of the following is not one of the aspects of market underdevelopment? a. A legal system that enforces contracts and validates property rights b. A stable and trustworthy currency c. Imperfect markets and incomplete information An infrastructure of roads and utilities that results in low transport and communication costs so as to facilitate interregional trade This model's primary focus is on labor transfer and the growth of output and employment in the modern sector. Both labor transfer and modern -sector employment growth are brought about by output expansion in that sector. This model also assumed that the level of wages in the urban industrial sector was constant, determined as a given premium over a fixed average subsistence level of wages in the traditional agricultural sector. 10. Which model is mentioned above?

Question

7.Development economists use the concept of __ clothing, and shelter to ensure continued to represent a'specific minimum level of income needed to satisfy the basic physical needs of food survival. a.Inequality b. Absolute poverty c. Equality d. Social exclusion 8.Which of the following are two indicators of absolute poverty? c.Infrastructure -Education d. Technology - Health a.Health - Education b. Gender - Health 9.Which of the following is not one of the aspects of market underdevelopment? a. A legal system that enforces contracts and validates property rights b. A stable and trustworthy currency c. Imperfect markets and incomplete information An infrastructure of roads and utilities that results in low transport and communication costs so as to facilitate interregional trade This model's primary focus is on labor transfer and the growth of output and employment in the modern sector. Both labor transfer and modern -sector employment growth are brought about by output expansion in that sector. This model also assumed that the level of wages in the urban industrial sector was constant, determined as a given premium over a fixed average subsistence level of wages in the traditional agricultural sector. 10. Which model is mentioned above?

Answer 1

7. b. Absolute poverty8. a. Health - Education9. d infrastructure of roads and utilities that results in low transport and communication costs so as to facilitate interregional trade10. Lewis Model

Answer 2

## Step 1The first question is about the concept used by development economists to represent a specific minimum level of income needed to satisfy the basic physical needs of survival. The options provided are Inequality, Absolute poverty, Equality, and Social exclusion. The concept that best fits this description is 'Absolute poverty'. Absolute poverty refers to a condition where a person does not have the minimum amount of income needed to meet the minimum requirements for a life necessitated by basic physical needs, such as food and shelter.## Step 2The second question asks for two indicators of absolute poverty. The options provided are Infrastructure - Education, Technology - Health, Health - Education, and Gender - Health. The two indicators that best fit the description of absolute poverty are 'Health - Education'. These are fundamental aspects of a person's life that are necessary for survival and well-being.## Step 3The third question asks which of the following is not one of the aspects of market underdevelopment. The options provided are A legal system that enforces contracts and validates property rights, A stable and trustworthy currency, Imperfect markets and incomplete information, and An infrastructure of roads and utilities that results in low transport and communication costs so as interregional trade. The option that does not fit the description of market underdevelopment is 'An infrastructure of roads and utilities that results in low transport and communication costs so as to facilitate interregional trade'. This is because a well-developed infrastructure is actually a sign of market development, not underdevelopment.## Step 4The fourth question asks about a model that focuses on labor transfer and the growth of output and employment in the modern sector. The model also assumes that the level of wages in the urban industrial sector is constant, determined as a given premium over a fixed average subsistence level of wages in the traditional agricultural sector. The model that fits this description is the 'Lewis Model'.

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