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Class 10 Economics Chapter 1 development notes cbse ncert

Level Up Your Preparation with B.M.Academia: A Deep Dive into

 Development 

Development is a multi-faceted concept that means different things to different people. Let's delve into what development entails, the factors influencing it, and its implications on a national and global scale.

1. Different Peoples, Different Goals

Varied Perspectives: People have diverse developmental goals based on their needs and aspirations.

Conflicting Interests: What is beneficial for one person or group might be detrimental to another. For example, constructing a factory may bring jobs to one group but could displace another community.

2. Income and Other Goals

The Role of Income: While people strive for higher income to improve their quality of life, non-material aspects like equality, freedom, and security also play a crucial role.

Holistic Development: True development goes beyond monetary gains. People look for a mix of goals, such as:

• Equal treatment

• Freedom of speech and action

• Personal security

• Respect and dignity

 3. National Development

• Different Perspectives: Individuals and groups may have conflicting views on a nation's development. For example:

• A business owner might prioritize industrial growth.

• An environmentalist may advocate for preserving natural resources.

Balancing Goals: Effective national development considers the needs of diverse groups while maintaining sustainability.

4. Comparing Countries and States

Role of Income: Income is a key parameter for comparing countries and states. Nations with higher incomes are generally deemed more developed.

Average Income (Per Capita Income): To understand how an average individual fares, we use the formula:

Average Income = Total Income of the Country÷ Total Population

• Global Classification:

Rich Countries: Per capita income above US$ 12,056 (as of 2017).

Low-Income Countries: Per capita income below US$ 955 (e.g., India).

5. Income and Other Criteria

Beyond Income: While average income provides insights, it doesn't tell the whole story. Non-income factors such as public facilities significantly affect a nation's development.

• Public Facilities: These include:

Healthcare: Access to hospitals and clinics.

Education: Availability of schools and universities.

Infrastructure: Roads, electricity, and public transportation.

• Clean Water and Sanitation: Essential for a healthy life.

 6. Sustainability of Development

Definition: Sustainable development ensures that present needs are met without compromising the ability of future generations to meet their needs.

Challenges:

  •  Overuse of Resources: Excessive use of groundwater is depleting reserves.
  • Natural Resource Depletion: The unchecked exploitation of minerals, forests, and fossil fuels.

Importance of Balance: Future growth depends on adopting sustainable practices that protects the environment.

Why Development Must Be Sustainable

  • Over-reliance on resources like groundwater and fossil fuels has long-term consequences.
  • Governments and societies must strike a balance between economic growth and environmental conservation.
  • Adopting sustainable practices ensures a better future for all.

Key Takeaways

  • Development varies across individuals, groups, and nations.
  •  Income, while important, is not the sole determinant of progress.
  • Public facilities and equal opportunities contribute to holistic growth.
  • Sustainability is the cornerstone of lasting development.

By understanding the nuances of development, we can create a future that is inclusive, equitable, and sustainable for generations to come.

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