Correct option is A
The correct answer is: (a) Capability Approach
Explanation:
The Capability Approach is associated with Prof. Amartya Sen, a Nobel Prize-winning economist. According to this approach, human development should not be measured solely by income or economic growth, but by the real freedoms and opportunities people have to lead lives they value.
Information Booster:
Introduced by Amartya Sen, further developed by Martha Nussbaum.
Focuses on what people can do and be, rather than just what they have.
Key elements: health, education, political freedom, and social inclusion.
This approach also influenced the development of the Human Development Index (HDI) by the United Nations Development Programme (UNDP).
Contrasts with purely income-based or resource-based development models.