Economics · Class 12 Commerce
Ch 19Comparative Development Experiences of India and Its Neighbours — Class 12 Economics, concept-first.
Comparing your own development with that of neighbouring countries is a way of understanding your strengths and weaknesses more clearly. Over the past two decades globalisation has reshaped economies everywhere, and every nation, including India, feels its short- and long-term effects.
Key concepts
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WTO Membership Rationale
Think about a local market in your town. If every shopkeeper could set their own rules—some measure cloth in metres, others in hands; some accept returns, others don't; some charge you extra just because you're from the…
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Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Introduction
Comparing your own development with that of neighbouring countries is a way of understanding your strengths and weaknesses more clearly.
Developmental Path—A Snapshot View
Jawaharlal Nehru had once observed: "These new and revolutionary changes in China and India, even though they differ in content, symbolise the new spirit of Asia and new vitality which is finding expr…
Demographic Indicators
Population and related measures reveal how differently these three societies are structured. Together India and China are home to a very large share of humanity — roughly one in every six people is In…
Gross Domestic Product and Sectors
Gross Domestic Product and how it is spread across sectors show why the three economies have diverged.
Indicators of Human Development
Human development indicators measure how well growth translates into people's well-being, and here the three countries differ sharply.
Development Strategies—An Appraisal
A country's development strategy is often held up as a model for others, especially since reforms spread around the world.
Conclusion
Seven decades of planned development have carried India, China and Pakistan to very different destinations, even though until the late 1970s all three shared a similarly low level of development.
Recap
Key takeaways from the chapter
Exercises
+−Show 17 questionsHide questions17 questions
- Q1Why are regional and economic groupings formed?Free
- Q2What are the various means by which countries are trying to strengthen their own domestic economies?Free
- Q3What similar developmental strategies have India and Pakistan followed for their respective developmental paths?Free
- Q4Explain the Great Leap Forward campaign of China as initiated in 1958.Preview
- Q5China's rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.Preview
- Q6Describe the path of developmental initiatives taken by Pakistan for its economic development.Preview
- Q7What is the important implication of the 'one child norm' in China?Preview
- Q8Mention the salient demographic indicators of China, Pakistan and India.Preview
- Q9Compare and contrast India and China's sectoral contribution towards GVA/GDP. What does it indicate?Preview
- Q10Mention the various indicators of human development.Preview
- Q11Define the liberty indicator. Give some examples of liberty indicators.Preview
- Q12Evaluate the various factors that led to the rapid growth in economic development in China.Preview
- Q13Group the following features pertaining to the economies of India, China and Pakistan under three heads: - One-child norm - Low fertility ra…Preview
- Q14Give reasons for the slow growth and re-emergence of poverty in Pakistan.Preview
- Q15Compare and contrast the development of India, China and Pakistan with respect to some salient human development indicators.Preview
- Q16Comment on the growth rate trends witnessed in China and India in the last two decades.Preview
- Q17Fill in the blanks: (a) First Five Year Plan of ________________ commenced in the year 1956. (Pakistan/China) (b) Maternal mortality rate is…Preview