← All questionsGS4 · 2015 · Ethics, Integrity & Aptitude ·Social vs Economic Values in Inclusive Growth
QUESTION 4(a)
GS4
10 marks

Social values are more important than economic values. Discuss this statement with examples in the context of inclusive growth of a nation.

WRITE IN
7 min
150 words

What the examiner wants

Discuss with examples why social values matter more than economic values for inclusive growth.

DiscussExplain the different sides of the issue, use evidence, and finish with a balanced view.

Demand-wise check

  1. 1Economic values: efficiency, profit, GDP growth; necessary but not sufficient≈30 words
  2. 2Social values: equity, compassion, justice, dignity, cooperation - ensure growth reaches all≈30 words
  3. 3Examples: Kerala's high HDI at moderate income; jobless growth and inequality where social values ignored; Amul cooperative≈30 words
  4. 4Balance: growth with equity; capability approach≈30 words

Open in about 20 words and close in about 20.

Answer plan

Two value setsWhy social values matter for inclusionExamplesBalanceConclusion

Where marks usually go

  • Dismissing economic values entirely
  • Not linking to 'inclusive growth'

Draw this

  • Venn of economic and social values with inclusive growth at the centre

Value addition

  • ThinkerAmartya Sen's capability approach: development is expanding people's real freedoms, not just income.Development as Freedom, 1999
  • ExampleBhutan uses Gross National Happiness rather than GDP alone as the goal of development.Government of Bhutan

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