A tech firm that survives for 15 years has, in a business sense, lasted as long as a consumer-product company that survives for 30. Longevity should be measured in innovation cycles, not years. In the 1980s and 1990s, strategic-planning cycles and the concept of “strategic pacing” were much in vogue. I think it’s a shame that companies no.

Life expectancy will increase investment in education. Human capital accumulation (that is, education) is assumed to be the driver of economic growth, and an increase in life expectancy will expand the time horizon over which returns to education can be earned and thus encourage investment as the present value of lifetime earnings increases.
LONGEVITY ECONOMY 0 $2 GDP IN TRILLIONS OF U.S. DOLLARS $4 $6 $8 $10 $12 $14 $16 $18 If the ‘Longevity Economy’ were a country, it would be the THIRD LARGEST ECONOMY on the planet. THE LONGEVITY ECONOMY: A SNAPSHOT The 50-plus cohort—35% of the U.S. Population—represents a powerful force that drives economic growth and value.

In this page, you can find CBSE Class 10 Economics Chapter 1 Extra Questions and Answers Development Pdf free download, NCERT Extra Questions for Class 10 Social Science will make your practice complete.

Class 10 Economics Chapter 1 Extra Questions and Answers Development

Development Class 10 Extra Questions and Answer Economics Chapter 1 Very Short Answers Type

Question 1.
What do you mean by per capita income?
OR
What is meant by the average income?
Answer:
The average income is the total income of the country divided by its total population. The average income is also called per capita income. Thus,
(frac { Totalquad incomequad ofaquad country }{ Totalquad populationquad ofquad thequad country } )

Question 2.
Why is per capita income of different countries calculated in dollars and not in their own currencies by the World Bank? (Imp)
Answer:
The World Bank does so in order to ensure uniformity in calculation across different regions of the world.

Question 3.
Which countries are called rich countries as per the World Development Report, 2012?
Answer:
Countries with per capita income of US $ 12616 per annum and above in 2012, are called rich or developed countries.

Question 4.
Which countries are called low-income countries as per the World Development Report, 2012?
Answer:
Countries with per capita income of US $ 1035 or less are called low-income or under developed countries.

Question 5.
What was the per capita income of India in 2012? In which category would you place India high-income countries or low-income countries? (Imp)
Answer:
In 2012, the per capita income of India was just US $ 1530 per annum. On the basis of this, we would place India in low-income countries.

Question 6.
What is one of the most important attributes for comparing countries?
Answer:
For comparing countries, their income is considered to be one of the most important attributes.

Question 7.
What would be the developmental goals/aspirations for an urban unemployed youth?
Answer:
A job with a handsome salary, a peaceful working atmosphere, opportunity to learn, a sense of security and freedom, etc.

Question 8.
What would be the developmental goals for an adivasi from Narmada valley?
Answer:
A permanent source of livelihood, access and control over resources, a local school to provide quality education to his/her children, etc.

Question 9.
‘What may be development for one may be destruction for the other’. Give an example to support this statement.
Answer:
Industrialists may want more dams to get more electricity but this may cause large-scale displacement of local communities.

Question 10.
What do people seek besides better income?
Answer:
Besides seeking more income, people also seek things like equal treatment, freedom, security and respect of others. They resent discrimination.

Question 11.
What are the important goals of people?
Answer:
Besides seeking more income, people also seek things like equal treatment, freedom, security and respect of others. They resent discrimination.

Question 12.
What do you mean by Infant Mortality Rate or IMR?
OR
What does the term Infant Mortality Rate indicate?
Answer:
Infant Mortality Rate or IMR indicates the number of children that die before the age of one year as a proportion of 100 live children born in that particular area.

Question 13.
What is Net Attendance Ratio?
Answer:
Net Attendance Ratio is the total number of children of age group 14 and 15 years attending school as a percentage of total number of children in the same age group.

Question 14.
What does literacy rate measure?
Answer:
Literacy rate measures the proportion of literate population in the 7 and above age group.

Question 15.
Name two things which you cannot buy with money. ‘
Answer:

A pollution-free environment
A sense of security

Question 16.
What are non-renewable resources?
Answer:
Non-renewable resources are those which will get exhausted after years of use. For example, fossil fuels.

Question 17.
Mention three components of Human Development Index or HDI.
Answer:

Per capita income
Life expectancy
Literacy rate

Question 18.
Among Maharashtra, Kerala and Bihar, which state has the lowest infant mortality rate?
Answer:
It is Kerala.

Question 19.
What is meant by national development? (Imp)
Answer:
National development is development of country in all the aspects which includes increase in per capita income, improvement in people’s living standard, availability of proper health facilities, education, pollution-free environment, etc.

Question 20.
What is Human Development Index or HDI? (Imp)
Answer:
Human Development Index is a composite statistic of life expectancy, education and per capita income indicators, which are used to rank countries into four tiers of human development.

Question 21.
Why is the total income of countries not used to make comparisons between them? (Imp)
Answer:
Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn.

Question 22.
Which term is used to describe the ‘average number of years a person is expected to live at birth’?
Answer:
The term used for this is ‘Life expectancy’.

Question 23.
Give two examples of renewable resources.
Answer:

Groundwater
Natural gas.

Question 24.
What is Public Distribution System or PDS?
Answer:
Public Distribution System or PDS is a food security programme initiated by the Government of India to provide foodgrains and other essential commodities at subsidised prices in rural and urban areas.

Question 25.
What is India’s HDI rank in the world as per Human Development Report, 2014?
Answer:
It is 135.

Development Class 10 Extra Questions and Answer Economics Chapter 1 Short Answers Type

Question 1.
Prove that development for some may be harmful to others. (Imp)
OR
With the help of examples show two groups who may have different notions of development.
OR
‘What may be development for one may not be development for the other’. Explain by giving examples.
Answer:
It is true that development for one may not be development for the other. The following examples can prove this truth:

Construction of dams may be beneficial for industrialists and large farmers, but this may sub¬merge the agricultural land, and disrupt the lives of the people.
More wages means development for a worker, but it can go against the employer.
A consumer wants to purchase different household articles at low prices but a trader or seller wants to sell these items at a higher price.

Question 2.
What is national development? What are the aspects covered under the national development? (Imp)
Answer:
National development is development of country in all the aspects which includes increase in per capita income, improvement in people’s living standard, availability of proper health facilities, education, pollution-free environment, etc.

Under national development, a country uses its resources in a fair and just way. The country tries to implement those programmes and policies which would benefit a large section of the people. Countries also focus on social infrastructure which includes education, health and other social services.

Question 3.
(i) What do you mean by developed countries?
(ii) What do you mean by developing countries?
Answer:
(i) Countries w

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