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Question : 10
Total: 19
Sale of petrol and diesel cars is rising particularly in big cities. Analyse its impact on gross domestic product and welfare.
Solution:
Impact of rising sale of petrol and diesel cars pm gross domestic product- GDP will increase because there is increasing demand of petrol and diesel cars in the big cities and to fulfill this increasing demand, the companies have to produce more and have to increase their level of production which will lead to increase in GDP.
Impact of rising sale of petrol and cars on the welfare - The increased sale of petrol and diesel car in big cities is continuously increasing the level of pollution in big cities and is turning out to be a life threat for the people living there. This high level of pollution is making people suffer with many vulnerable diseases like asthma, heart diseases, lung problems, cancer, respiratory diseases, etc. Thus reducing the welfare of the people.
Impact of rising sale of petrol and cars on the welfare - The increased sale of petrol and diesel car in big cities is continuously increasing the level of pollution in big cities and is turning out to be a life threat for the people living there. This high level of pollution is making people suffer with many vulnerable diseases like asthma, heart diseases, lung problems, cancer, respiratory diseases, etc. Thus reducing the welfare of the people.
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