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Development

The document is an educational lesson on economics, covering key concepts such as per capita income, human development, and sustainable development. It includes one-word questions, short answer questions, and long answer questions aimed at understanding development goals and indices. The lesson emphasizes the importance of various factors like literacy, income distribution, and environmental sustainability in assessing a country's development.

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5 views

Development

The document is an educational lesson on economics, covering key concepts such as per capita income, human development, and sustainable development. It includes one-word questions, short answer questions, and long answer questions aimed at understanding development goals and indices. The lesson emphasizes the importance of various factors like literacy, income distribution, and environmental sustainability in assessing a country's development.

Uploaded by

vinnetprakash
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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KENDRIYA VIDYALAYA ONGC AGARTALA

BY-VINOD KUMAR, TGT (SOST)


ECONOMICS
LESSON 1
One Word/Sentence Questions –
Q.1 The total income of the country divided by its total population is Called -
Ans. Per capital income
Q.2 Which organization publishes the Human Development Report?
Ans. UNDP
Q.3 Which state in has the highest literacy rate?
Ans. Kerala
Q.4 As per Human Development Report 2006 which neighboring country has the highest income?
Ans. Sri Lanka
Q.5. What is sustainable development?
Ans. Development that does not compromise the needs of the future generation.
Q.6. Development of a country can generally be determined by ____________
Ans. Per capita income
Q.7. Which of the state has low infant mortality rate?
Ans. Kerala
Q.8.What is the full form of HDI?
Ans. Human Development Index
Q.9.Which areas of the world has the largest crud oil reserves?
Ans. The Middle East.
Q.10. Besides money what are the other developmental goals?
Ans. Respect, Security, Pollution Free environment, etc.
SHORT ANSWER TYPE QUESTIONS
Q.1 Why do different people have different goals for development?
Ans: Different people have different goals for development because:
Different people have different aspiration and desire. Some may like to have `more income and better
quality of education for their children, while others may require no social discrimination and high
support price for their crops. So according to the living conditions and the environment in which the
person stays, he or she pursue for the goals. People seek things that are most important for them i.e.,
that which can fulfill their aspiration or desires.
Q.2 Why average income is taken into consideration instead of total income while making comparison
between countries?
Ans: The total income of the country is the income of all the residents of the country. For comparison
between countries, total income is not such a useful measure. Since countries have different
population, comparing total income will not tell us what an average people is likely to earn. Hence we
compare the average income which is the total income of the country divided by its total population.
So, Average income = Total income
Total population
The average income is also called per capita income.
Q.3 Write a paragraph on your nation that what should India do, to become a developed country?
Ans.(i) Control the rate of increasing population.
(ii) Use of latest technology, irrigation facility, chemical fertilizers, and all information should be
provided to farmers.
(iii) New economic policy, international trade, liberalization and globalization should be adopted
sincerely and effectively.
(iv) Adequate facilities related with infrastructure, education, health, electricity, water, transport
etc. should be provided to all people of all regions and areas.
Q.4 What is the main criteria used by the World Bank in classifying different countries? What are the
limitations of this criterion, if any?
Ans :Per capita income is the main criteria used by World Bank.
Limitations of per capita income:
o It enables to show how income is distributed among the people of the country.
o Cost of pollution is not considered in this average.
o Some other important aspects like infant mortality rate, literacy rate, net attendance ratio etc
are not considered while calculating per capita income.

LONG ANSWER TYPE QUESTIONS

Q.1 What is meant by sustainable economic development? Give its main features.
Ans: Sustainable development may be defined as development that meets the need of the
present generation without compromising the need of ability of the future generations to meet
their own needs. Environment and economy are inter-dependent and complementary to each
other. Hence the process of development should not ignore environmental issues.
The main features of sustainable development are as follow:
(i) It stresses meeting the needs of the present generation and future generation.
(ii) There should be restraints on wasteful luxurious consumption pattern.
(iii) Efforts should be made to invent environment friendly technology.
(iv) Fast growing population should be effectively checked.
Q.2. What is human development index? Who has prepared it? Write about basic components of
human development measurement.
Ans : Human development index is the cumulative measurement of the overall development of
the people of a country.
It was prepared by United Nation Development Organization and it is
published by UNDP.

The basic components of human development index are as follow:


a. Life expectancy at birth- It denotes average expected length of life of a person at the
time of birth. It is measured in terms of life expectancy in years.
b. Literacy- It is measured by gross enrolment ratio for three levels means enrolment
ratio fo primary school, secondary school and higher education beyond secondary school.

Per capita income- It is calculated in dollars for all countries so that it can be
compared. It is also done in a way so that every dollar would buy the same amount of goods and
services in any country.

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