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On Development For Class 10
On Development For Class 10
On Development For Class 10
Indus Valley civilisation, the first known permanent and predominantly urban settlement that flourished between 3500 BC to 1800 BC boasted of an advanced and thriving economic system. Its citizens practised agriculture, domesticated animals, made sharp tools and weapons from copper, bronze and tin and traded with other cities.Evidence of well laid streets, layouts, drainage system and water supply in the valley's major cities, Harappa, Lothal, Mohenjo-daro and Rakhigarhi reveals their knowledge of urban planning . One of the theories about their end is that they eventually overused their resources, and slowly died out. Another theory is that invaders overran their civilisation.RV 6.27.5: At Hariyupiyah (Harappa) he (Indrah) smote the vanguard of the Vrcivans, and the rear fled frightened."
HISTORY OF ECONOMICS
Adam smith was a father of economics And there are many more economist ,who participated in this field like karl max,J.B Say, J.M Keynes,David Ricardo and so on.
DEFINITION OF ECONOMICS
Economics means Home Management. The head of a family faces the problem of managing the unlimited wants of the family members within the limited income of the family. In fact, the same is true for a society also. If we consider the whole society as a family, then the society also faces the problem of tackling unlimited wants of the members of the society with the limited resources available in that society
MEANING OF DEVELOPMENT
A branch of economics that focuses on improving the economies of developing countries. Development economics considers how to promote economic growth in such countries by improving factors like health, education, working conditions, domestic and international policies and market conditions. It examines both macroeconomic and microeconomic factors relating to the structure of a developing economy and how that economy can create effective domestic and international growth.
1) B.
Rich person
2)
3)
More days or work Better wages Economic and social equality Higher family income Better education to their children To settle their children in abroad
National income it refers to the market values of all good and services which produce in financial year within the country
Average income / per capita income its the ratio of total national income of a country with respect to total population PCI = Total income Total population
NATIONAL DEVELOPMENT
In the process of national development ,a heavy industry is set up Or we can say that its a all round development of nation Like education, health,and national income
Country Y 500
DIAGRAM
PCI
II
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
Norway
38550
80
-------
97
China
Sri lanka India Pakistan
5530
4390 3139 2225
71
74 64 63
91
91 61 50
73
69 60 35
81
93 126 134
SUSTAINABLE DEVELOPMENT
Meaning the word sustainable means something which is not short lived but can continue in future also. Acc to Robert Repetto, sustainable development is a development strategy that manages all natural resources and human resources as well as financial and physical assests for increasing long term wealth and well being .
MCQ
Q1:-which one of the following determines the development of a country ? a) Average literacy rate b) PCI c) Health status of its people d) All of these
b)
c) d)
The end