Development
Development
DEVELOPMENT 2023-2024
Grade: X
ECONOMICS CHAPTER 1
1 What is development?
Drawbacks/demerits
It is not useful measure since, countries have
different population, comparing total income
will not tell us what an average person is
likely to earn.
It does not take into consideration the
qualitative aspect of development.
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Drawbacks:
• Per capita income does not show the real
growth of an economy because it does not
consider various issues like health education
and literacy.
• It hides differences-It does not tell us how
this income is distributed among the people.
• Production of some goods does not add to the
economic welfare of the country eg: Tobacco,
arms.
• It ignores non-market transaction-It does not
include goods whose statically value cannot
be computed. Eg: service of house wife,
social worker.
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8 countries by Human Development Report published
by UNDP.
Education, health and per capital income.
13 What is BMI?
1)Take the weight of the person in Kilogram,
then take the height in meters,
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14 What is Sustainable development?
It is the process of economic development which
aims at maintaining the quality of life of both
present and future generation without
Damaging the environment.
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submerge the land and disrupt the lives of
people who are displaced such as tribal’s.
19 What is life expectancy rate?
It suggests the average expected length of life
of a person at the time of birth.
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of the future generation.
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2) We cannot buy pollution free environment,
unadulterated medicines and peace with
money.
3) School, colleges, parks hospitals etc. Are
the facilities which cannot be run
individually? There has to be a collective
effort of team work between the government
and society in providing these to the
general public.
BY MR GERARD GOMES