Class ten Economics chapter 5 additional questions
Chapter 1: Development
Very Short Answer Type Questions. [1 Mark]
1. What is the most common method of measuring the development of the people of the country?
Ans. Income is the most common method of measuring the development of people.
2. Give examples of the factors that can be considered to assess the development other than income?
Ans. Other than income the factors that can be considered for assessing development are equality, freedom, dignity, security and respect of others, etc.
3. How would the developmental goal of a prosperous farmer vary from that a girl in the city?
Ans. A prosperous farmer may ask for a higher minimum support price for his crop. On the other hand, a girl in the city may want to pursue higher studies abroad.
4. What is the most common developmental goal of landless rural workers?
Ans. More working days and better wages.
5. What might be the developmental goal of a rural woman of a landowning family?
Ans. The developmental goal for a rural woman of a landowning family might be her demand for better education or the demand for equality and freedom in terms of gender.
6. Give an example of conflicting developmental goals.
Ans. The desire to construct a dam by industrialist for the generation of electricity will disturb the life of the people who are displaced from their place of living.
7. Name some common things that people generally desire.
Ans. People generally desire regular work, better wages and decent price for their products or crops that they produce.
8. Reduction of poverty of a country is a part of which type of development goal?
Ans. It is a part of national development.
9. What is per capita income?
Ans. It is the total income of the country divided by its total population.
10. How is the average income of a country determined?
Ans. The average income is the total income of the country divided by its population.
11. Who brings out World Development Reports?
Ans. The World Bank brings out the World Development Reports.
12. What is the main criterion used by the World Bank in classifying countries?
Ans. The World Bank uses average income or per capita income as a criterion for classifying different countries.
13. What is considered one of the most important attributes for comparing countries?
Ans. The income of the people.
14. Which currency is taken into consideration for comparing per capita income of countries?
Ans. The comparison is made in the US dollar.
15. What are the criteria of a low-income country? Ans. A country with per capita income of US$ 1005 per annum (2016) is considered as a low-income country.