Chapter 9:- Environment and Sustainable Development. Plus One Economics Introduction As an economy develops, many of its problems get solved. Economic growth generates jobs, raises incomes and improves the living standards of the people. Growth and development lead to increased literacy and higher life expectancy. Thus, growth and development solve Read more
Chapter 8:- Infrastructure: Economic and Social Infrastructure. Plus One Economics Chapter 8 Introduction For a nation’s growth and development it needs some basic facilities like power, water, transportation, communication, etc. These basic facilities are called infrastructure. Infrastructure Definition Infrastructure often refers to the equipment and structures required by the by Read more
Chapter 7:- Employment: Growth, Informalization and Other Issues. Plus One Economics Chapter 7 Introduction Work gives both livelihood and mental satisfaction. When people work they contribute to economic growth and development of the country. Information on the quality and nature of employment in our country helps human resource planning. It Read more
Chapter 6:- Rural Development. Plus One Economics Chapter 6 Introduction Mahatma Gandhi said ‘ India lives in villages’. In 1951, 82.7% of Indian population was living in rural areas and it has declined to 72.2% in 2001. India, a land of villages, has more than six lakh villages. Majority of Read more
Chapter 5 :- Human Capital Formation in India. Plus One Economics Chapter 5 Introduction There are many poor countries in the world which are rich in natural resources. But they could not achieve fast economic growth and development because of their low human capital. On the contrary, many contries like Read more
Chapter 4:- Poverty. Plus One Economics Chapter 4 Introduction Wellbeing of the masses of a nation is a pre-condition for the development of the economy. Everyone needs minimum food, clothing, housing, education and health. Inability to get these is poverty. Poverty comes from lack of income and leads to poor Read more
Chapter 3 Liberalization, Privatization and Globalization: An Appraisal. Plus One Economics Chapter 3 Introduction India’s economic strategy till 1990-91 helped to build a well diversified industrial sector. Countries like South Korea, Singapore, etc., industrialized rapidly as a result of their market-friendly policy. Background of Reforms Some of the deficiencies of Read more
Chapter 2 Indian Economy 1950 – 1990 Plus One Economics Chapter 2 Introduction The British rule that started in India with the conquest of Plassy in 1757, lasted for about two centuries. It came to an end on 15″ August 1947. As a result of colonial rule, Indian economy became Read more
Chapter 1 :- Indian Economy on the Eve of Independence. Plus One Economics Chapter 1 Introduction In order to have a better understanding on the present scenario it is necessary to maintain basic understanding, of the past. This general rule is applicable for the study of Indian economy too. A Read more