Economics Development.pdf (1)
Economics Development.pdf (1)
Class 10
Social Science
Economics |Development
Economics |Development
Development
Same pattern
Individual Development National Development
of topics
● What?
● How to compare?
● Income and criteria other than Income.
Sustainable Development
Economics |Development
B. Prosperous farmers from Punjab More days of work and better wages.
C. Farmers who depend Higher support prices for their crops for farmers.
only on rain for growing crops
D. A girl from a rich urban family. She gets as much freedom as her brother.
Economics |Development
Development What development promises?
● Different people different development goals, even contradictory
● Example: Dam construction
Income and other Goals
National Development Thinking about fair and just path for all because ….
World Development Report brought by World Bank uses per capita income to compare and classify countries.
Countries with per capita income of US$ 49,300 per annum and above in 2019, are called high income or rich
countries and those with per capita income of US$ 2500 or less are called low-income countries.
Economics |Development
● Money in your pocket cannot buy all the goods and services that you may need to live well.
● Facilities that are essential for all the people to live a quality life and provided by the
Public facilities government to the people are called public facilities.
●
Health, education and PDS
Human development report Published by UNDP, compares countries on the basis of education, Health and Income.
● Development that meets the needs of the present without compromising the
Sustainability of development ability of future generations to met their own needs.
● Eg: Ground water and crude oil
Key Words
Economics |Development
Per Capita Income : The Per Capita Income is the Literacy Rate It measures the proportion of the literate
total income of the country divided by its total population in the 7-and above age group. It signifies
population. It is also called average income. how much population can read and write.
Give examples to prove that there are other important developmental goals than
income.
● Besides income, the developmental goals of various categories of people are different from person to person.
● For rich farmer, development means higher support price for crops, cheap labour and subsidised inputs.
● For landless rural labourer, development means more days of work, schools for their children and no social
discrimination.
For adivasi, development means no social discrimination, year round employment, school education for
●
children and PDS shop in his village.
For urban girl from rich family, development means freedom to choose her profession or being able to pursue
●
her higher studies abroad.
Economics |Development
What do you mean by Per Capita Income of a country? How can it be used to
compare two countries? Is there any limitation to its use?
● The Per Capita Income of a country is the total Income of the country divided by its total population.
● It is used to compare the development of countries by the World Bank.
● The country with a higher Per Capita Income implies that its people are earning more on an average
and this is considered the indicator of higher development.
However, this hides the fact that there may be wide differences in the earnings of people, which
●
implies inadequate social development.
Economics |Development
● The issue of sustainability is essential for development because it should not compromise
on the needs of future generations, otherwise it is meaningless.
● Reckless exploitation of non-renewable natural resources is going on. Since, the stock of
natural resources like oil and minerals is limited, development should not take place at
the cost of these scarce natural resources, as they are not renewable in the near future.
Economics |Development
i) Environmental problems, like pollution and climate change, affect everyone, not just one
country or region, as they can spread across borders.
ii) The future of the environment is connected globally, meaning that environmental degradation
impacts all nations, requiring collective action.
iii) To address these issues, experts from different fields, such as scientists, economists, and
philosophers, are working together to find solutions, showing that environmental problems are a
shared responsibility.
Economics |Development
On what basis is the criterion used by the United Nations Development Programme (UNDP) for
measuring development different from the one used by the World Bank ? Explain. 3
i) The UNDP measures development using a combination of factors like health, education, and
income, while the World Bank focuses only on per capita income.
ii) The UNDP takes a broader approach to development by considering how healthy and
educated people are, not just how much money they earn.
iii) Unlike the World Bank, which mainly looks at income, the UNDP looks at the overall
well-being of people to measure development.