Course Content
Understanding Economic Development | Class 10 | Economics | Notes + Quiz
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1. Income vs. Other Factors in Development ๐Ÿ’ธ๐ŸŒ

  • The average person in Haryana has more income than in Kerala. ๐Ÿ’ฐ
  • However, Haryana lags behind in health and education compared to Kerala. ๐Ÿฅ๐Ÿ“š
  • Income alone does not guarantee access to essential goods and services. โš–๏ธ
  • Money cannot buy a pollution-free environment or unadulterated medicines. ๐ŸŒฟ๐Ÿ’Š
  • You may need to live in a community that already has these benefits. ๐Ÿ˜๏ธ
  • Community efforts can be more effective than individual resources for security and education. ๐Ÿค๐Ÿ”๐Ÿ“–

2. Collective Goods and Services ๐ŸŒฑ๐Ÿ’ก

  • Collective provision of goods and services is often cheaper and better for society. ๐Ÿ’ช๐Ÿ’ก
    • Collective security is more cost-effective than each house having its own security staff. ๐Ÿ›ก๏ธ๐Ÿ 
    • Education becomes accessible when communities and governments provide schools and facilities. ๐Ÿซ๐ŸŒ
  • If no one in your village wants to study, you wouldn’t be able to study unless your parents can afford private schooling. ๐Ÿ“š๐Ÿ’ธ
  • Government schools help provide education to children from all backgrounds. ๐ŸŽ“
  • In some regions, girls cannot attend high school due to a lack of facilities. ๐Ÿšซ๐Ÿ‘ฉโ€๐ŸŽ“
  • Collective efforts are essential for providing education and security to all. ๐Ÿ‘ซ๐Ÿ”

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3. Keralaโ€™s Success in Health and Education ๐Ÿฅ๐Ÿ“š

  • Kerala has a low Infant Mortality Rate because of its strong health and education systems. ๐Ÿ‘ถ๐Ÿ’š
  • The stateโ€™s focus on healthcare and education leads to better overall well-being for its people. ๐Ÿฅ๐Ÿ“š
  • In certain states, the Public Distribution System (PDS) helps improve health and nutrition. ๐Ÿž๐Ÿฅ—
  • Effective PDS ensures that the population gets the necessary food and healthcare services. ๐Ÿด๐Ÿ’Š

4. Comparing India with Neighbors ๐Ÿ‡ฎ๐Ÿ‡ณ๐ŸŒ

  • India, despite being a large country, ranks lower in human development compared to smaller countries like Sri Lanka. ๐ŸŒ๐Ÿ‡ฑ๐Ÿ‡ฐ
  • Sri Lanka excels in various development areas like health and education. ๐Ÿ†๐Ÿ‘ฉโ€๐ŸŽ“
  • Nepal and Bangladesh, even with a lower per capita income than India, have a better life expectancy. โณ๐Ÿ’“
  • This comparison shows that factors like health and education are more important than just income when measuring development. ๐Ÿ“Š๐ŸŒฑ

5. Human Development Report (HDR) ๐Ÿ“Š๐ŸŒ

  • The Human Development Report (HDR) highlights that human well-being is more important than income alone. ๐Ÿ‘ฅ๐Ÿ’–
  • Health and education indicators are crucial along with income in measuring development. ๐Ÿง‘โ€โš•๏ธ๐Ÿ“–๐Ÿ’ฐ
  • The UNDPโ€™s Human Development Report compares countries using:
    • Educational levels ๐ŸŽ“
    • Health status ๐Ÿฅ
    • Per capita income ๐Ÿ’ต
  • The HDR 2021-22 emphasizes that improving health and education is key for better development outcomes for countries like India. ๐ŸŒ