14th January, 2016 (MAINS)


Q1. Social values are more important than economic values. Discuss the above statement with examples in the context of inclusive growth of a nation. [10marks/2015/GS-4] 150 words.

Please write answer in the comments section.

  • Sooraj Mehra

    Social Values: These are values concerned with social aspects of human life. For example, truth, honesty, justice, kindness, generosity, tolerance, patriotism, perfection, excellence, etc.
    Economic Values: These are useful to consider when making economic choices that involve trade-offs in allocating resources.

    Social values are more important than economic values because:
    Economic Progress: Social Values foster economic progress of a society. For instance, if truth and honesty are practised by everybody, it will promote fair dealings in all walks of life such as business, education, political, social services, etc.
    Social Development: Social Values foster social development also, for instance, several industrialists and charitable institutions have shown generosity and started schools, colleges, hospitals, cultural centres for the benefit of common people.
    Regional Co-operation: Social Values like co-operation, patriotism, and tolerance can help to mitigate the differences between the regions, states and countries. These three values, if practised it will promote social and economic development of the nations.
    Love, peace and happiness: Values like respect for others, co-operations, tolerance develop a bond of togetherness. As a result, conflicts and clashes get solved through mutual understanding.

    • http://shashidthakur.com/ Shashi Thakur

      good answer.

      • Sooraj Mehra

        thank you.