True or False

1. Development of every nation is unique and experiential.

2. Development is a process as well as a state of being.

3. Once a nation is developed, underdevelopment is already impossible to happen.

4. A world free of poverty can be started by economic policies, programs and actions

. 5. Absolute poverty essentially means abject poverty.

6. Families in rich nations have good life and essentially live without any pressures and risks.

7. Agriculture products today is generally characterized as a subsistence economy.

8. Happiness according to Amartya Sen is both a being and doing.

9. Increase in the number of goods and services produced in a nation is a necessary condition but not a sufficient condition for development.

10. Development is multifaceted and multidimensional, thus it is approached historically but not necessarily gradually.

11. The study of development/the process of development entails following the methodology of economics.

12. Development process is personal, communal, institutional and structural.

13. The ultimate purpose of development economics is to understand developing economies and help them improve their lives.

14. Ethics and morality of every economic actions in the development process can positively and negatively affect its outcome.

15. Income per capital is best measured in real terms.