Economic development in India Flashcards

1
Q

What are some products India produces?

A
  • Rice
  • Concrete
  • Cotton
  • Metal
  • Trains
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2
Q

What are India’s biggest to 3rd biggest contributors to the country’s GDP?

A
  1. Services
  2. Industry
  3. Agriculture
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3
Q

How much does India’s GDP grow per year?

A

7.6% per year ($600bn)

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4
Q

How long has India’s economy been rapidly growing?

A

The past 10-15 years

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5
Q

What percentage of India’s population lives below the poverty line?

A

20%

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6
Q

Where does India rank in the number of billionaires in the country?

A

4th in the world

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7
Q

What is one reason for India’s rapidly growing economy?

A

Large scale rural to urban migration

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8
Q

What is India’s film industry called?

A

Bollywood

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9
Q

What 5 products bring the most money to the indian economy? (in order)

A
  1. Petroleum ($61.2bn)
  2. Jewellery ($41.2bn)
  3. Cars ($14.5bn)
  4. Heavy machinery ($13.6bn)
  5. Bio chemicals ($12bn)
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10
Q

What industry employs most of India’s working population? (and what percentage)

A

50% of India’s working population are employed in the primary sector.

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11
Q

How much does India’s primary sector contribute to the country’s GDP?

A

Less than 20%

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12
Q

How does the primary sector employ 50% of India’s working population but only contributes 20% to India’s GDP?

A
  • Low paid jobs
  • Seasonal jobs
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13
Q

What percentage of India’s working population does the secondary sector employ?

A

20%

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14
Q

How much does India’s tertiary sector contribute to the country’s GDP?

A

55%

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15
Q

How did India switch it’s electronics industry?

A
  • India used to import many of their electronics.
  • Nowadays, India is exporting electronics on a large scale.
  • India has the 3rd largest number of electronic engineers.
  • Increased demand for electronics as India develops.
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16
Q

What are TNC’s

A
  • Transnational companies.
17
Q

Why are TNC’s good?

A
  • Help encourage development in developing nations.
  • Encourage trade with other nations.
18
Q

What is one of the biggest TNC’s in india?

19
Q

What percentage of India’s GDP comes from Tata?

20
Q

What industries is Tata in?

A
  • Cars
  • Internet communciations
  • Chemicals
  • Energy
21
Q

What is a significant product from Tata for the Indian population? (why is it important)

A
  • The ‘nano’ car
  • Costs less than £1300
  • Targeted at India’s growing middle class
  • Will be able to produce 250,000 units per year
22
Q

Why is the ‘nano’ car bad?

A
  • Increases air pollution
  • Increases traffic congestion
23
Q

What are the advantages of TNC’s in India?

A
  • Bring new investment to the country.
  • Provide jobs (often at higher than average wages in the local economy).
  • International links.
  • Bring expertise and skills to the country.
  • provide new technology.
24
Q

What are the disadvantages of TNC’s in India?

A
  • Wages in LIC’s and NEE’s are usually lower than those in HIC’s.
  • Can cause environmental damage and deplete natural resources.
  • TNC’s can withdraw their investment from a country whenever they want.
  • Take profits out of the county to pay shareholders and invest elsewhere.
  • Powerful enough to influence politics in a country.
25
What are the environmental issues with rapid urban growth and industrialisation in India?
- Traffic congestion - More demand for products - High levels of air pollution - Rapid growth of slums - High levels of waste
26
Facts about traffic congestion
- Adding to poor air quality - Costs $10bn annually in just Delhi due to: fuel waste, loss of economic productivity, air pollution, road crashes.
27
Facts about more demand for products
- Rapid growth of middle class means more people with disposable income. - More demand for products grows the manufacturing industry.
28
Facts about high levels of air pollution
- New Delhi and Mumbai have some of the highest levels of air pollution in Asia. - Caused by the industrial growth of the city. - Delhi's air is considered the worst in the world, according to the WHO.
29
Facts about rapid growth of slums
- Caused by fast rates of rural to urban migration. - Slums produce vast amounts of rubbish.
30
Facts about high levels of waste
- Lots of industrial waste. - Industrial chemical waste and inadequate sewage facilities result in polluted water supplies. - The Ganges is the 5th most polluted river in the world, and serves 500M people.
31
Where is Kerala state?
South West india
32
What happened in Kerala state?
Coca cola took 510,000 litres of water per day from boreholes and wells in the region.
33
What impacts did coca cola have on Kerala state?
- The water table dropped from 12m below ground to 35m below. - Crop yields decreased by 40%. - Locals had to walk up to 5km per day to access fresh water. - The remaining water burned people's eyes when bathing. - Decline in traditional fruit juice vendors.
34
What were some improvements to quality of life in India as a result of economic development?
- 1 government run hospital bed per 830 citizens. - In urban areas, 93% of people have access to electricity, and 55% of people in rural areas. - 16,000 km of new roads to reach 6m people in rural areas. - 500M households with $10,000+ disposable income. - Over 1bn mobile phone users (243M smartphone users) - 17% of the population have health insurance and free healthcare is available for those below the poverty line. - 4th highest number of billionaires in the world. - India's middle class has doubled to 600M in the past 8 years.
35
What is a comparison for how bad Delhi's air is?
Breathing the air in Delhi is the same as smoking 20 cigarettes per day.
36
What are some problems from economic development in India?
- More pollution. - Destruction of habitats. - Lots of child labour, especially in the cotton industry. - Lots of workers with low wages. - Water insecurity.