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What does the term 'Orange Economy' refer to?
Explanation
The Orange Economy, also known as the Creative Economy, refers to economic activities based on intellectual property, creativity, and cultural heritage. It encompasses sectors such as visual and performing arts, design, advertising, software development, and cultural tourism. The term was popularized by the Inter-American Development Bank (IDB) to highlight how ideas and cultural assets can drive economic growth and job creation.
- Option B is incorrect; there is no widely recognized "Orange Economy" definition for desert ecosystems.
- Option C refers to the Silver Economy, which focuses on the needs and demands of the aging population.
- Option D refers to the Black Economy or Shadow Economy, involving illegal or unrecorded activities.
SIMILAR QUESTIONS
Consider the following state- ments : 1. In any nation, human deve- lopment outcomes are a function of economic growth, social policy and poverty reduction measures at the macro-level 2. The expansion of human development in terms of health and education attain- ment, reduction of income poverty and economic growth is linked in a syner- gistic manner. 3. Investment in health and education can enhance human functioning which can eventually alleviate income poverty by improv- ing employability. 4. Resources generated through income poverty reduction and economic growth can be used to en- hance human development. Which of the statements given above are logical and correct ?
With reference to Economic Growth, which of the following statements is/are correct ?
1. Indian Economy is an Underdeveloped Economy.
2. Indian Economy is a Mixed Economy.
3. J.M. Keynes is the Father of Economics.
Select the correct answer from the codes given below :
With reference to Economic Growth, which of the following statements is/are correct ?
1. Indian Economy is an Underdeveloped Economy.
2. Indian Economy is a Mixed Economy.
3. J.M. Keynes is the Father of Economics.
Select the correct answer from the codes given below :