What do you understand by Capabilities Approach? Discuss the basic concepts of Capability Approach.
The Capabilities Approach is a framework developed by Nobel Prize-winning economist Amartya Sen, which provides a new way of thinking about the well-being of individuals and the development of societies. The Capabilities Approach focuses on the capabilities, or the real opportunities, that individuals have to lead fulfilling lives, rather than on their income or wealth.
The basic concept of the Capabilities Approach is that individuals have a set of capabilities, or functional abilities, that enable them to lead fulfilling lives. These capabilities include the ability to lead ______ ________ _____ __________ ______ _____ ________.
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