Why do we use averages? Are there any limitations to their use? Illustrate with
your own examples related to development.
(1) Averages are used for comparing between two countries, two persons or any two or more things.
(2) Thelimitations to the use of averages are as follows: Averages do not define about similarities or differences between two countries, persons or things. Only one aspect income, size etc by averages In case of country, marks or participation in sports activities etc. In case of student, can be compared. The comparison cannot be made for all the aspects or achievements. The comparison is made between only one aspect. It does not provide true picture of different countries, persons or things. For example, Individuals differ in height, health, talents and interests. The healthy person may not be the intelligent. Similarly is the case in respect of countries or states. A country may be more developed than the other. So averages do not provide the correct picture of the country.
The following table shows the proportion of adults (aged 15-49 years) whose BMI
is below normal (BMI <18.5 kg/m2) in India. It is based on a survey of various
states for the year 2015-16. Look at the table and answer the following questions.
(i) Compare the nutritional level of people in Kerala and Madhya Pradesh.
(ii) Can you guess why around one-fifth of people in the country are undernourished even though it is argued that there is enough food in the country? Describe in your own words.
Why is the issue of sustainability important for development?
For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom.
“The Earth has enough resources to meet the needs of all but not enough to
satisfy the greed of even one person”. How is this statement relevant to the
disscusion of development? Discuss.
What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?
List a few examples of environmental degradation that you may have observed
around you.
Which of the following neighbouring countries has better performance in terms of
human development than India?
(i) Bangladesh
(ii) Sri Lanka
(iii) Nepal
(iv) Pakistan
Assume there are four families in a country. The average per capita income of
these families is Rs 5000. If the income of three families is Rs 4000, Rs 7000
and Rs 3000 respectively, what is the income of the fourth family?
(i) Rs 7500
(ii) Rs 3000
(iii) Rs 2000
(iv) Rs 6000
Development of a country can generally be determined by
(i) its per capita income
(ii) its average literacy level
(iii) health status of its people
(iv) all the above
In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?
Fill in the blanks using the correct option given in the bracket:
(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)
(ii) Workers in the _________ sector do not produce goods. (tertiary agricultural) (iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)
(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)
(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
(vi) The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)
In situations with high risks, credit might create further problems for the borrower. Explain?
What do you understand by globalisation? Explain in your own words.
Why are rules and regulations required in the marketplace? Illustrate with a few examples.
Choose the most appropriate answer.
(a) The sectors are classified into public and private sector on the basis of:
(i) employment conditions
(ii) the nature of economic activity
(iii) ownership of enterprises
(iv) number of workers employed in the enterprise
(b) Production of a commodity, mostly through the natural process, is an activity in ______________ sector.
(i) primary
(ii) secondary
(iii) tertiary
(iv) information technology
(c) GDP is the total value of _____________ produced during a particular year.
(i) all goods and services
(ii) all final goods and services
(iii) all intermediate goods and services
(iv) all intermediate and final goods and services
(d) In terms of GDP the share of tertiary sector in 2003 is _________
(i) between 20 per cent to 30 per cent
(ii) between 30 per cent to 40 per cent
(iii) between 50 per cent to 60 per cent
(iv) 70 per cent
How does money solve the problem of double coincidence of wants? Explain with example of your own.
What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
What factors gave birth to the consumer movement in India? Trace its evolution?
Match the following:
S/No. |
Problems faced by farming sector |
S/No. |
Some possible measures |
|
Unirrigated land |
|
Setting up agro-based mills |
|
Low prices for crops |
|
Cooperative marketing societies |
|
Debt burden |
|
Procurement of food grains by government |
|
No job in the off season |
|
Construction of canals by the government |
|
Compelled to sell their grains to the local traders soon after harvest |
|
Banks to provide credit with low interest |
How do banks mediate between those who have surplus money and those who need money?
Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these organisations?
What do you understand by disguised unemployment? Explain with an example
each from the urban and rural areas.
Mention a few factors which cause the exploitation of consumers.
Why are rules and regulations required in the marketplace? Illustrate with a few examples.
What is the basic idea behind the SHGs for the poor? Explain in your own words.
Explain how public sector contributes to the economic development of a nation.
A research scholar looked at the working people in the city of Surat and found the following.
Place of work |
Nature of employment |
Percentage of working people |
In offices and factories registered with the government |
Organised |
15 |
Own shops, office, clinics in marketplace with formal license |
--- |
15 |
People working on the street, construction workers, domestic workers |
--- |
20 |
Working in small workshops usually not registered with the government |
--- |
--- |
Complete the table. What is the percentage of workers in the unorganised sector in this city?
For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.
How do banks mediate between those who have surplus money and those who need money?
Fill in the blanks.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers.