(a) “United Nations Department of Economic and Social Affairs indicated that India has overtaken China as the world’s most populous country in the month of April 2023.”
Explain the consequences of the one-child policy adopted by China in the 1970s.

Question

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Types of Production Functions} & \textbf{Their Functional Forms} \\ \hline \text{(A) Translog Production Function} & \text{(I) \( q = \prod_{i=1}^{n} x_i^{a_i} \)} \\ \hline \text{(B) Generalised Leontief Production Function} & \text{(II) \( q = \sum_{i=1}^{n} a_i x_i^{\rho}, \ \rho \leq 1 \)} \\ \hline \text{(C) Cobb Douglas Production Function} & \text{(III) \( q = \sum_{i=1}^{n} a_{ij} x_i x_j \), where \( a_{ij} = a_{ji} \)} \\ \hline \text{(D) Constant Elasticity of Substitution Production Function} & \text{(IV) \( q = a_0 + \sum_{i=1}^{n} a_i \ln x_i + 0.5 \sum_{i=1}^n \ln x_i \)} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Answer 1

Declining birth rates are causing an aging population, which in turn leads to a smaller workforce and increased dependency ratios. A preference for male children, resulting in sex-selective abortions, contributes to a gender imbalance. A reduced workforce is contributing to an economic slowdown, negatively impacting industrial productivity and innovation. The younger generation faces an increased responsibility for supporting elderly family members.

(a) “United Nations Department of Economic and Social Affairs indicated that India has overtaken China as the world’s most populous country in the month of April 2023.”
Explain the consequences of the one-child policy adopted by China in the 1970s.

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Solution and Explanation

Top Questions on Production Theory

Questions Asked in CBSE Class XII exam

(a) “United Nations Department of Economic and Social Affairs indicated that India has overtaken China as the world’s most populous country in the month of April 2023.” Explain the consequences of the one-child policy adopted by China in the 1970s.

Show Hint

Solution and Explanation

Top Questions on Production Theory

Questions Asked in CBSE Class XII exam

(a) “United Nations Department of Economic and Social Affairs indicated that India has overtaken China as the world’s most populous country in the month of April 2023.”
Explain the consequences of the one-child policy adopted by China in the 1970s.