Question

Per capita income does not account for non-material factors that contribute to a person's well-being. Which of the following is an example of a non-material factor?

• A. High GDP growth rate
• B. Low unemployment rate
• C. Increased foreign direct investment
• D. Access to clean drinking water

Answer 1

Answer:

D. Access to clean drinking water

• This is a non-monetary factor related to quality of life and is often used in broader development indices like the Human Development Index (HDI).