CBSE Notes Class 10 Economics Chapter 1 – Development

 

๐Ÿ“š Class 10 Economics – Chapter 1

๐Ÿ’  Development ๐Ÿ’ 


๐ŸŒŸ What Development Promises – Different Peoples, Different Goals

  • Different people have different developmental goals.

  • ✅ What may be development for one, may not be the same for another.

  • ❌ Sometimes, what is good for one may even be destructive (เคนाเคจिเค•ाเคฐเค•) for others.


๐Ÿ’ฐ Income and Other Goals

  • People want more income (เค†เคฏ) to improve their life.

  • Income is important, but life quality also depends on non-material things like:

    • Equal treatment (เคธเคฎाเคจ เคต्เคฏเคตเคนाเคฐ)

    • Freedom (เคธ्เคตเคคंเคค्เคฐเคคा)

    • Security (เคธुเคฐเค•्เคทा)

    • Respect (เคธเคฎ्เคฎाเคจ)

  • Development = Income + Other Goals


๐Ÿ› National Development

  • Different persons may have different or conflicting (เคตिเคฐोเคงी) views about what national development means.

  • Example: One may want dams for electricity, another may lose land because of it.


๐Ÿ“Š How to Compare Different Countries or States?

  • Income is one of the most important criteria.

  • Total income is not useful because population differs.

  • So, we use Average Income (Per Capita Income) =

๐Ÿ‘‰ Average Income = Total Income of Country ÷ Total Population

  • World Bank Classification (2017):

    • Rich Countries → Per capita income US$ 12,056 or more

    • Low-Income Countries → Per capita income US$ 955 or less

    • Example: India = Low income country


๐Ÿฅ Income and Other Criteria

  • Development is not just about money → also about public facilities (เคธाเคฐ्เคตเคœเคจिเค• เคธुเคตिเคงाเคँ) like:

    • Health care ๐Ÿฅ

    • Education ๐ŸŽ“

    • Sanitation ๐Ÿšฐ

    • Public transport ๐ŸšŒ

    • Infrastructure ๐Ÿ—


๐ŸŒฑ Sustainability of Development

  • Sustainable Development (เคธเคคเคค เคตिเค•ाเคธ) → “Development that meets the needs of the present without compromising the ability of future generations.”

  • Scientists warn: Present type of development is not sustainable.

  • Examples:

    • Overuse of groundwater ๐Ÿ’ง

    • Exhaustion of natural resources ๐ŸŒ


Exam Tip: Development = Balance of income, equality, facilities, and sustainability.



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