Class 10 economics chapter 1 let's work these out


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Class 10 economics chapter 1 lets work these out solution

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(1) different persons have different notions of development because life situations of persons are different and the seek things that are most important for them.

(2) no, the two statements are different from each other. People belonging to different culture would have different developmental goals. At times depending upon quality of a person it may be conflicting too.

(3) material things are one factor on which are life depends but apart from this we seek things like equal treatment, freedom, security, etc.

(5) their development goals are different:

● people who live in high rising buildings need facilities of high society such as expensive jewellery, clothes, costly cars, etc.

● people who live in slums want to fulfill their basic necessity such as food, cloth and house.

(6)

(i) the company that dumped this toxic waste will be benefited and the people who live there are the victim of this toxic waste.

(ii) this country should implement search rules that protect the people and also benefit the MNCs.

(8) An average is used to compare situations:

● between two countries in terms of per capita income.

● industrial production

● agricultural production

(9) Average income means total income of a country is divided by its total population. Average income is an important Criterion for development because it is considered that more income means more all things that human beings need. Whatever people like they can get it by greater income.

(10) the distribution of income is also important to compare two or more than two situations besides the size of per capita income.


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