Evaluate Sen’s Capability Approach of economic development by creating an overview of the theory. Write two to three paragraphs on the theory. In your answer, you should refer to the following aspects and answer the following questions: Why is it referred to as the capability approach? What are the functionings that Sen refers to? According to Sen, what are the five sources of disparity between real incomes and actual advantages of commodities?

Evaluate Sen’s Capability Approach of economic development by creating an overview of the theory. Write two to three paragraphs on the theory. In your answer, you should refer to the following aspects and answer the following questions: Why is it referred to as the capability approach? What are the functionings that Sen refers to? According to Sen, what are the five sources of disparity between real incomes and actual advantages of commodities?

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 1PA

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