Answer :

(a) This statement is incorrect as when we see the example of India and Zimbawe in 1947. India was included in the Third World Nations, but now, it is one of the fast-growing economies in the world but on the other hand, Zimbabwe has to run into huge international debt with the progression of Robert Mugabe’s regime.

(b) This statement is also incorrect as the minimum wages Act which is being enacted by the government and other policies regulate the basic price at which agricultural producers and small industries sell their goods have helped them to increase the per capita income of the country which makes our country’s citizens more prosperous.


(c) The given statement didn’t seem correct as in poor countries, people have less money to spend on their health, education etc. If the government spend more on industries and infrastructure, the industrialists with enjoy a highly disproportionate share of wealth and incomes and the poor people have very little to depend upon and their incomes will decline.


(d) This statement is correct because democracy always stands for political equality and guarantees right to vote to every adult citizen of the country


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