Unit 4 Ch 1 : Development — Social Studies STD 10 — Question

Why do lenders ask for ‘collateral’ while lending? Analyse the reasons.

Evaluate the utility of public services in contributing to the overall well-being of individuals and society.

There may be rules and regulations but they are often not followed. Why? Discuss.

"Information and Communication Technology (ICT) has played a major role in spreading out products and services across countries." Support this statement.

"Consumer awareness is essential to avoid exploitation in the Marketplace." Support the statement.

Mention a few factors which cause exploitation of consumers.

Read the passage on the left and answer the questions.
Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling 27, 000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wants to develop Ford India as a component supplying base for its other plants across the globe.
In what ways is a MNC different from other companies?

How does the use of money make it easier to exchange things?

Self-help Groups support has brought about a revolutionary change in the rural sector.

State three disadvantages of the barter system.