Which of the following statements is/are NOT true about the Income Approach to human development?

This is one of the oldest approaches to human development. Human development is seen as being linked to income. Higher the level of income, the higher is the level of human development. None of the above.

None of the above.

This is one of the oldest approaches to human development. Human development is seen as being linked to income. The idea is that the level of income reflects the level of freedom an individual enjoys. Higher the level of income, the higher is the level of human development.