Poverty — Economics STD 12 Commerce — Question

How has globalisation led to further impoverishment of rural masses?

Describe any four suggestions to improve agriculture marketing.​​​​​​​

Explain the 'trickle down effect'.

Trace the relationship between human capital and economic growth.

Explain any three schemes launched by the government to remove poverty.

What are the benefits of globalisation?

What has been the impact of self-reliance on Indian economy?

Read the passage given below and answer the following questions from 1 to 4.Human capital can be defined as the body of knowledge possessed by the population and the capacity of the population to use the knowledge effectively. Until the late 1950s, no economist and any other social scientist did pay much attention to the role of investment in human beings as an important determinant of economic development. The birth of this idea can be dated from the presidential address of Prof. Theodore W. Schultze to the American Economic Association in December 1960. As a result, the concept of human capital formation came to the limelight. A circular relationship between human development and economic growth has come to be established. Economic growth creates conditions for better health and education facilities; which in turn spur economic growth.

1. Human Capital Formation came into existence in:

1. 1950
2. 1960
3. 1970
4. 1980

2. Economists say that the main key player of economic development is:

1. Human capital
2. Physical Capital
3. Real Capital
4. None of these

3. In _ Five year Plan, India emphasized on human capital formation.

1. 2nd
2. 3rd
3. 5th
4. 7th

4. ________ means an improvement in the quality of life and living standards, e.g., measures of literacy, life expectancy, and health care.

1. Economic growth
2. Economic development
3. Investment
4. None of these

Read the passage given below and answer the following questions from 1 to 4.
The economic and social benefits of human capital formation and human development are well known. The union and state governments in India have been earmarking substantial financial outlays for the development of education and health sectors. The spread of education and health services across different sectors of society should be ensured so as to simultaneously attain economic growth and equity. India has a rich stock of scientific and technical manpower in the world. The need of the hour is to better it qualitatively and provide such conditions so that they are utilized in our own country.

1. For a improved health status of the country, family planning is quit essential. Which of the following is the main reason for family planning?

1. For birth control issues
2. For having unwanted pregnancies
3. For having child every year
4. To get pregnant before the age of twenty

2. What percentage of GDP is contributed towards health and educatoin sectors in India respectivley.

1. 1.8% and 4.6% respecively
2. 5.4% and 3.4% respectively
3. 7% and 7.4% respectively
4. 6% and 6.4% respectively

3. __ is not an indicator which measures the education status of the country?

1. year os schooling
2. Life expectancy
3. Teacher pupil ratio
4. Net attendance ratio

4. Health status of a country is relfected by indicators such as birth rate, death rate, infant mortality rate, maternal mortality rate, life expectancy etc. The given statement is?

1. True
2. False
3. Partially true
4. Can’t comment

What do you know about the programme "Kudumbashree"?