Income and Other Criteria
When thinking about a country or region, apart from average income, public facilities also play an important role.
- Infant Mortality Rate (or IMR) indicates the number of children that die before the age of one year as a proportion of 1000 live children born in that particular year.
- The literacy Rate measures the proportion of the literate population in the 7-and-above age group.
- Net Attendance Ratio is the total number of children of age group 14 and 15 years attending school as a percentage of the total number of children in the same age group.
Public Facilities
Public facilities are essential components of development, as they provide basic services to people, such as health care, education, transportation, and communication. Government via- Public welfare schemes, boosting infrastructure in the health & education sector, can pave the way for the effective & comprehensive delivery of development & progress to the citizens.
Public facilities can be a mode to create an inclusive & open society as they provide equal access to services & resources for everyone irrespective of background.
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CBSE Class 10 Notes Economics Chapter 1: Development
In the CBSE Notes Class 10 Economics Chapter 1, you will learn about the concept of development, what it means, & how it is measured. The chapter begins with a discussion of the different ways in which people define development, & the various indicators that are used to measure it, such as Gross Domestic Product (GDP), Human Development Index (HDI), Average Income, Infant Mortality Rate (IMR), etc. The chapter also covers the different dimensions of development, such as economic, social, & political.
The chapter also examines the concept of sustainable development & the need to balance economic growth with environmental conservation. It concludes by highlighting the importance of inclusive & sustainable development in creating a better future for all. Overall, the chapter provides a broad introduction to the concept of development.
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