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    Notes Class 10 Economics Chapter 1 -Development

    What Development Promises – Different Peoples, Different Goals


    1. Different people can have different developmental goals
    2. What may be development for one may not be development for the other person. It may
    even be destructive for the other.

    Income and Other Goals


    People want more income. Money, or material things that one can buy with it, is one factor on
    which our life depends. However, the quality of our life also depends on non-material things such
    as equal treatment, freedom, security, and respect for others. For development, people look at a
    mix of goals. The developmental goals are not only about better income but also about other
    important things in life.

    National Development
    Different persons could have different as well as conflicting notions of a country’s development.

    How to Compare Different Countries or States?


    For comparing countries, their income is considered to be one of the most important attributes.
    Countries with higher income are more developed than others with less income. As different
    countries have different populations, comparing total income will not tell us what an average
    person earns. So, we compare the average income of countries.
    Average income is the total income of the country divided by its total population. It is also called
    per capita income.
    Average Income = Total Income of Country / Total Population of Country
    In World Development Reports, per capita income is used in classifying countries.

    1. Countries with per capita income of US$ 12,056 per annum and above in 2017, are
    called rich countries.
    2. Countries with per capita income of US$ 955 or less are called low-income countries.
    Eg: India.

    Income and Other Criteria


    When we think of a nation or a region, besides average income, public facilities are equally
    significant attributes.
    Public Facilities: These are the services provided by the government to its citizens. Some of the
    important public facilities include infrastructure, sanitation, public transport, health care, water,
    etc.

    Sustainability of Development
    Sustainable development is defined as development that meets the needs of the present without
    compromising the ability of future generations. Scientists have been warning that the present
    type, and levels, of development are not sustainable. Some of the examples are:

     Overuse of ground water * Exhaustion of natural resources

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