Complete Explanation of CBSE Notes
Economic infrastructure refers to the facilities, activities and services which support operation and development of other sectors of the economy. These facilities, activities and services help in increasing the overall productivity of the economy. They also play an essential role in facilitating the smooth running of all the sectors of the economy. Please refer Indian Economic Development Class 11 Notes Chapter 8 for more information.
One of the most worrying problems our country faces is that of employment. With our ever-growing population and increasing literacy rates, jobs are running out. What are the biggest challenges we face regarding employment? So what can the government do about it? Let us learn more about employment. Please refer Indian Economic Development Class 11 Notes Chapter 7 for more information.
Human Capital, also known as Human Resource is the backbone of any nation. These human resources mainly consist of students who gradually turn into accountants, engineers or doctors. These students depending on their efficiency and capability become a Human Assets for the country. Let us look at the sources of Human Capital. Please refer Indian Economic Development Class 11 Notes Chapter 6 for more information.
We all are well aware of the ever-climbing cost of living. But do you know that according to the census of 2011, about one-third of rural India survives on a sum of Rs 5000 to make ends meet for their whole household? This obvious urban-rural divide calls for our attention. So let us learn about rural development in India and its absolute importance. Please refer Indian Economic Development Class 11 Notes Chapter 5 for more information.
Look around you. Do you see beggars on the streets? What about rickshaw-pullers fighting with a customer for an extra ten rupees? Do you hear news of crimes and drug abuse even by children? Poverty in India is the cause and also a consequence of all the above problems. Please refer Indian Economic Development Class 11 Notes Chapter 4 for more information.
LPG stands for Liberalization, Privatization, and Globalization. India under its New Economic Policy approached International Banks for development of the country. These agencies asked Indian Government to open its restrictions on trade done by the private sector and between India and other countries. Please refer Indian Economic Development Class 11 Notes Chapter 3 for more information.
Post-independence one of the biggest challenges the Indian leaders and government faced was the state of the Indian Economy. And so they set up the system of the Five Year Plans. In the next four decades, they brought about systematic changes to agriculture, trade, and industry. Let us learn more. Please refer Indian Economic Development Class 11 Notes Chapter 2 for more information.
The Indian economy comprises of all the production activities and distribution activities that relate to people. It also comprises of economic activities which related to people and hence determines their appropriate standard of living. However, in this article, we will discuss the status of the Indian economy on the eve of independence. It is important for every Indian to know that on the eve of our independence, the economy of the country was in very bad shape. The end of the colonial rule left the nation in bits. We picked it up and placed it in order. This bad condition of the country was the outcome of every policy of the British. Since every policy that they were framing was constantly focusing on favoring their nation, we had very little left towards the end. Please refer Indian Economic Development Class 11 Notes Chapter 1 for more information.
The Indian economy comprises of all the production activities and distribution activities that relate to people. It also comprises of economic activities which related to people and hence determines their appropriate standard of living. However, in this article, we will discuss the status of the Indian economy on the eve of independence. It is important for every Indian to know that on the eve of our independence, the economy of the country was in a very bad shape. Since every policy that they were framing was constantly focusing on favouring their nation, we had very little left towards the end. Please refer Indian Economic Development Class 11 Notes for more information.
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output. Please refer Class 11 Economics Notes for more information.
CBSE Revision Notes