Class 10 Economics: Chapter 1: Development
Questions and Answers
Q1: What is Per Capita Income?
Answer: It is obtained by dividing national income by the population of a country i.e. Per Capita Income = National Income / Mid Year Population
Q2: Is progress synonym to development?
Answer: Yes, development is also known as progress.
Q3: What is meant by ‘economic development’? Write the two bases of measuring economic development of a country?
Answer: Economic development is a sustained increase in real per Capita income that promotes economic welfare by reducing poverty, unemployment & inequalities in the distribution of Income. Two bases of measuring economic development are National Income & per Capita Income.