CBSE Class 10 Social Science Economics Chapter 1 Understanding Economic Development

CBSE Class 10 Social Science Economics Chapter 1 Understanding Economic Development Complete Notes

Social Science Economics Chapter 1 Development

Key Topics Covered

1. What is Development?

   • Different people have different developmental goals based on their needs and aspirations.

   • Development is not just about income but also includes non-material aspects like equality, freedom, and security.

2. National Development

   • The idea of development varies among individuals and groups, leading to conflicting notions of what constitutes progress for a country.

3. Comparing Countries

   • Countries are compared based on their average income (per capita income), which is calculated by dividing the total income of the country by its population.

   • Rich countries have higher per capita income, while low-income countries have less.

4. Income and Other Criteria

   • Besides income, factors like literacy rate, infant mortality rate, and access to healthcare are crucial for assessing development.

   • Public facilities provided by the government play a significant role in improving the quality of life.

5. Sustainability of Development

   • Development should be sustainable, ensuring that resources are preserved for future generations while meeting current needs.

Important Terms

• Per capita income: A country's total income divided by its population.
• Human Development Index (HDI): A measure of development based on life expectancy, education, and per capita income.
• Public amenities: Services provided by the government, such as schools, hospitals, and transportation.

CBSE NCERT Class 10 Social Science Economics Chapter 1 Understanding Economic Development Important Question Answers

What is the main criterion used by the World Bank in classifying different countries?

Answer: The World Bank uses average income or per capita income as the main criterion for classifying countries.

Why is the total income of countries not used to make comparisons between them?

Answer: Total income does not account for population differences, making it an unreliable measure for comparison.

What is Human Development Index (HDI)?

Answer: HDI is a composite index measuring a nation's achievements in longevity, knowledge, and standard of living.

Why is sustainable development essential?

Answer: Sustainable development ensures economic growth without harming the environment and conserves resources for future generations.

What are the limitations of using per capita income as a measure of development?

Answer: Per capita income does not reflect income distribution or non-material aspects like health and education.

What is the difference between the criteria used by the UNDP and the World Bank for measuring development?

Answer: The World Bank focuses on per capita income, while the UNDP considers broader factors like education, health, and living standards

CBSE NCERT Class 10 Social Science Economics Chapter 1 Understanding Economic Development MCQs

Multiple Choice Questions (MCQs)

1. What is the main criterion used by the World Bank to classify countries?
   a) Literacy rate
   b) Per capita income ✅
   c) Health facilities
   d) Employment rate
   Answer: b) Per capita income

2. Which of the following represents a non-material aspect of development?
   a) Higher income
   b) Equal treatment ✅
   c) Better employment opportunities
   d) Growth in production
   Answer: b) Equal treatment

3. What does the Human Development Index (HDI) measure?
   a) Total income of a country
   b) Life expectancy, education, and per capita income ✅
   c) Employment rate and industrial growth
   d) Health facilities and literacy rate
   Answer: b) Life expectancy, education, and per capita income

4. What is meant by sustainable development?
   a) Rapid economic growth
   b) Development without harming the environment ✅
   c) Increasing per capita income
   d) Using non-renewable resources
   Answer: b) Development without harming the environment

5. Which of these is an example of sustainable development?
   a) Overuse of groundwater
   b) Planting more trees to replace deforestation ✅
   c) Excessive mining activities
   d) Heavy reliance on fossil fuels
   Answer: b) Planting more trees to replace deforestation

6. What is the average income of a country commonly known as?
   a) Per capita income ✅
   b) Gross income
   c) National income
   d) Total income
   Answer: a) Per capita income

7. Which Indian state has a low infant mortality rate due to better health and education facilities?
   a) Uttar Pradesh
   b) Kerala ✅
   c) Bihar
   d) Rajasthan
   Answer: b) Kerala

8. Why is national income not used to measure a country’s development?
   a) It does not consider population size ✅
   b) It excludes health and education factors
   c) It only measures agricultural growth
   d) It focuses only on industrial growth
   Answer: a) It does not consider population size

9. What is the primary goal of a landless rural laborer?
   a) Access to modern technology
   b) Higher education
   c) Better wages and more work ✅
   d) Living in an urban area
   Answer: c) Better wages and more work

CBSE Class 10 Social Science Economics: Understanding Economic Development – II

• Chapter 1 Understanding Economic Development
• Chapter 2 Sectors of Indian Economy
• Chapter 3 Money and Credit
• Chapter 4 Globalisation and the Indian Economy
• Chapter 5 Consumer Rights

Class 10 Social Science Economics NCERT Pdf:- Click Here 

CBSE Class 10 Social Science Economics (Subject Code 087) Notes, Solution & Important Questions:- Click Here