NCERT Class 10 Economics Chapter 1 Development Very Short Answer Questions
Question 1. What is economy?
Answer:
It is the sum of all economic activities of the people.
Question 2. Define economic activity.
Answer:
Economic activities are those activities that enable a person to earn income or give income to a person in return for his work.
Question 3. What are non-economic activities?
Answer:
Activities that do not give income are termed as non-economic activities.
Question 4. What rank does India have in the Global Ranking of HDD
Answer:
India has a ranking of 126th as of 2004.
Question 5. Why does each country calculate its per capita income in dollars?
Answer:
Because it is conveniently comparable internationally.
Question 6. Which state of India has the lowest infant mortality rate and the highest literacy ratio?
Answer:
Kerala has the lowest infant mortality rate and the highest literacy ratio.
Question 7. Define non-renewable resources.
Answer:
Those natural resources which are supposed to be exhausted after their regular use.
Question 8. What are renewable resources?
Answer:
These natural resources can be regularly recovered after their regular use.
Question 9. What is meant by infant mortality rate?
Answer:
It is an average number of deaths of infants for every thousand infants.
Question 10. Define literacy ratio.
Answer:
It is the percentage of people who can read or write in a country.
Question 11. Define P.D.S.
Answer:
It means the public distribution system of a country that provides necessary goods to the poor section of society at cheaper rates.
Question 12. Define environmental degradation.
Answer:
It refers to a rise in the level of pollution due to economic development.
Question 13. Define life expectancy.
Answer:
It is the average life of a person since his birth.
Question 14. What is meant by per capita income?
Answer:
It is the average of total national income during a year divided by the total population.
Question 15. Define Net State Domestic Product.
Answer:
It is the market price of final goods produced within the economy excluding the cost of depreciation.
Question 16. Define economic development.
Answer:
It is a long-run process whereby average income grows for a long period of time.
Question 17. Define sustainable development.
Answer: It means maintaining an economic development rate at present as well as for future generations.
Question 18. Distinguish between economic development and economic growth.
Answer:
Economic growth refers to a uniform rate of growth whereas economic development means growth of average per capita income for a long time.
Question 19. Write a common development goal for all.
Answer:
- Higher level of income.
- Better quality of life.
Question 20. What is development?
Answer:
A process by which one’s goals or aspirations for goals are fulfilled.
Question 21. What do you mean by the development of a country?
Answer:
It means an increase in average income accompanied by an improvement in the standard of life.
Question 22. What is national income?
Answer:
It is the sum of total goods and things produced in a year plus income from abroad.
Question 23. What is average income /per capita income?
Answer:
It is the total income of the country divided by its total population.