E 1 Development Flashcards
Development
Development is a comprehensive term which includes increase in real per capita income improve in living standard of people reduction in poverty illiteracy crime rate at sector
What is national income
It is defined as total value of all goods and services produced within a country plus net income earned from abroad
State the criteria used to compare different countries by Human Development report published by United Nation development program
Per capita income and life expectancy at birth and literacy rate and other basic necessity is like clean drinking water sanitation etc
What is mean by human development
Do national income and per capita income are indicators of human development but includes many other elements like consumption health Environmental education freedom security non violent atmosphere at
Which organisation measures HDR mention any three indicators of HDR
Undp measures HDR indicators are education level health status per capita income etc
Mention four characteristics of development
Different people have different development tell goals but may be development for one may not be development for other income is most important component of development for development people see mixed goals such as equal treatment good health peace literacy at sector
Features of a developed country
As per World Bank report any country with per capita income of US Dollars 49300 per annum and a bulb is down as Richard well up country such countries have high literacy rate most of the people are engaged in service sector
What is PCI
It stands for per capita income it is calculated by dividing national income by population its uses are it is used to compare different countries World bank has divided countries into rich or low income countries on basis of per capita income
What may be development for one may not be development for other explain by give example
More wages means development for a worker but it can go against entrepreneur
a rich former want to sell food grains at Higher price but poor worker wants to purchase it for low price
construction of a dam means more and cheap power but people will lose their habitat
to get more electricity industrial is may build dams but this me some merge agriculture land
Average income is an important criteria for development explain
It gives us an idea but an average person is likely to get out of total income average income is used to classify countries into reach poor or developing Nations average income is used to make economic policies
What is infant morality rate so just measures to keep infant mortality rate low
The number of children that die before the age of 1 year per 1000 children born alive in a particular year is called infant mortality rate
What are the limitations of per capita income criteria of development
Per capita income is average income of a country
per capita income takes into account only economic aspect of life
described area ignores education health life expectancy at sector
it ignores non material things like peace pollution free environment democracy at sector
2 Punjab has higher per capita income as compared to Kerala what is ranked lower on Human Development Index because it is far behind in Kerala and literacy rate and higher
