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NCERT Class 10th Economics Chapter 1 Development Notes by Vibha Maam CBSE | English

Development Notes, NCERT Class 10th Economics Chapter 1 Development Notes by Vibha Maam, Class 10th Economics Chapter 1 Development Notes, Notes by Vibha Maam, sst notes, class 10 eco notes, economics chapter 1 note, class 10 economics lesson 1 notes
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Development Notes by Vibha Maam

Checkout handpicked notes of NCERT class 10 Economics Chapter 1 Development notes by Vibha Madam, and don’t forget to share your valuable comments in the comment below to motivate our author.

Development

It means a positive change in a person’s life or in society.

 Aspects of development 

  • Different people may have different development goals, they seek things that are most important for them which can fulfill their aspirations and desires.
  • development for one may not be the development for others. it can be destructive or conflicting for the other.

Developmental goals

 Depend on material goals and non-material goals. 

  • Material goals like income, good standard of living 
  • Non-material goals like freedom ,security, satisfaction ,equal treatment, ample opportunities, respect.
  • National development

The quality of our life depends on both National and non National goals that are not easily measured but mean a lot to our lives. it is measured by average income or per capita income.

people look at a mix of goals for development .The developmental goals that people have are not only about better income but also about other important things in life.

For comparing countries, their income is considered to be one of the most important attributes.

Difference between the criterion used by the UNDP and the World Bank

 The  UNDP compares the development of the countries on the basis of the literacy rate, gross enrolment ratio and health status whereas the World Bank compares on the basis of per capita income or average income.

 UNDP provides rank to the countries as first, second, third whereas World Bank divides into three categories like rich, middle, and poor countries.

 What is HDI?

 Human Development Index is the tool developed by the United nation to measure a country’s overall achievement in its social and economic dimensions .

The three  variables of the human Development Index are long and healthy life, knowledge ,a decent standard of living.

Classifying countries (per capita income criteria of World Bank)

Average Income is the total income of the country divided by its total population. it is also called per capita income.

      AI = TI / TP

Limitation of average income

It hides the disparity of individuals.

GDP

Gross Domestic Product (GDP) is the total market value of the goods and services produced within a country in a specific duration of time .It indicates the economic health of a country as well as specified in the living standard of the people.

India’s current GDP Rs.195.86 lakh crore (US$ 2.71 trillion)  in 2020-21

  • Rich countries:-  US $12,056 per annum or above in 2017
  • Low -income countries:- US $955 for less in 2017.

India comes in the ‘low- middle- income countries’ category because its per capita income is Rs1,35,850 in 2017.

Income and Other Criteria

besides income, infant mortality rate, literacy rate and net attendance ratio are other important attributes of the nation’s development

Development Notes, NCERT Class 10th Economics Chapter 1 Development Notes by Vibha Maam, Class 10th Economics Chapter 1 Development Notes, Notes by Vibha Maam, sst notes, class 10 eco notes, economics chapter 1 note, class 10 economics lesson 1 notes
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Infant Mortality Rate (IMR)

The number of children that die before the age of one year as a proportion of thousand live children born in that particular year.

  • Literacy rate:- it measures the proportion of literate population in the 7 and above age group.
  • Net attendance ratio:- the total number of children of the age group 6-10 attending school as a percentage of total number of children in the same age group.

Public Facilities

Money cannot buy all the goods and services that we need to live well. public facilities includes health, education, water ,sanitation, transport etc. the best and the cheapest way of providing the goods and services to the people is providing it collectively. 

Body Mass Index 

It tells whether a person is undernourished or not. It is expressed in units of kg/m².

          BMI =  weight (kg) / height² (m)

Classification by the WHO

below 16 – malnutrition

16  – 18.9 – undernourished

19  – 24.9 – normal

more than 25 – overweight

Human Development Report published by UNDP compares countries based on the educational levels of the people, their health status and per capita income.

India ranks 131st out of 189  countries in the world Human Development Index (HDI) in 2020

Life Expectancy can be defined as the average expected length of life of a person at the time of birth .

Sustainability of Development

Sustainable development can be defined as development without harming the environment, without compromising today’s needs and also keeping for the future generation.

Sustainability is the capability to use resources judiciously and maintain the ecological balance .It is essential for the survival of future generations. Renewable resources are replenished by nature eg. groundwater . But overuse and misuse  has caused a decline of water, whereas Non- Renewable resources will get exhausted after years of use. eg. crude oil .We have limited stock of it on the earth. Therefore, it is the need to conserve them for the present and future.

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Abhishek
4 months ago

Thanks maam for providing on points notes

lavleen
lavleen
4 months ago

thanks ma’am I was waiting for your notes for a long time

Shristi Saini
Shristi Saini
4 months ago

Good job mam👍

Samta
4 months ago

Thanku so much mam for these notes. Really such a easiest way to learn whole chapter in points. Thanks once again.

Gautam
Gautam
4 months ago

thanks ma’am

Isha saini
Isha saini
3 months ago

Thank u mam for these notes

Pallavi
Pallavi
3 months ago

fantastic notes

Harleen
Harleen
3 months ago

thanks ma’am for superb 👌 notes

Khushdeep
Khushdeep
3 months ago

fantastic notes really appreciable

Gurjot
Gurjot
3 months ago

nice

Vandana
3 months ago

Thankyou so much mam.. These notes are very helpful for us ..

Urvashi Singh
Urvashi Singh
3 months ago

Thank you so much mam for these notes.It help me a lot in understanding the concept of the chapter.I really want to appreciate your hard work .I am really grateful to you . Thank you again mam 👍👍

Urvashi Singh
Urvashi Singh
3 months ago

Thank you so much mam for these notes. It help me a lot in understanding the concept of the chapter.I really want to appreciate your hard work .I am very grateful to you mam.Thank you again mam👍👍

Last edited 3 months ago by Urvashi Singh
Neha
Neha
3 months ago

very easy notes really helpful

Tanvi
Tanvi
3 months ago

Thank you mam for these remarkable notes.. loved them 😍😍

Ayushi saini
Ayushi saini
3 months ago

Thank you mam for these notes

Kangna sudan
Kangna sudan
3 months ago

Thankyou so much mam for this notes .it help me alot..

Kangna sudan
Kangna sudan
3 months ago

Thankyou so much mam for this notes. It help me alot..

Suraj Choudhary
Suraj Choudhary
3 months ago

awesome notes mam, easy to understand

Purnima
Purnima
3 months ago

wonderful notes

Written by Vibha Singh

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