Explain the need for consumer consciousness by giving two examples.
Consumer consciousness is being aware of your right as a consumer while buying trading anything in the market so that they are not being cheated or exploited in the market place. Consumer consciousness is very important to improve the market conditions which provide consumer with more choices at lower prices and reduce the incidence of their exploitation by the seller.
For example:
A buyer must check the expiry and manufacturing date of the product before buying from the shop. In case any expired product is found in the shop a complaint must be raised against the seller. Sometimes shopkeepers indulge in unfair practices such as selling the underweight or adulterated/defective items. So to reduce such instances. It’s very important for the consumers to be aware and act smartly.
The following table shows the proportion of adults (aged 15-49 years) whose BMI
is below normal (BMI <18.5 kg/m2) in India. It is based on a survey of various
states for the year 2015-16. Look at the table and answer the following questions.
(i) Compare the nutritional level of people in Kerala and Madhya Pradesh.
(ii) Can you guess why around one-fifth of people in the country are undernourished even though it is argued that there is enough food in the country? Describe in your own words.
Explain how public sector contributes to the economic development of a nation.
Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.
“Tertiary sector is not playing any significant role in the development of Indian
economy.” Do you agree? Give reasons in support of your answer.
For each of the sectors that we came across in this chapter why should one focus on employment and GDP? Could there be other issues which should be examined? Discuss.
Why is the issue of sustainability important for development?
For each of the items given in Table 1.6, find out which country is at the top and
which is at the bottom.
Critically examine the progress of the consumer movement in India?
Distinguish between open unemployment and disguised unemployment.
Fill in the blanks using the correct option given in the bracket:
(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)
(ii) Workers in the _________ sector do not produce goods. (tertiary agricultural) (iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)
(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)
(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)
(vi) The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)
How are the activities in the economy classified on the basis of employment conditions?
The following table shows the proportion of adults (aged 15-49 years) whose BMI
is below normal (BMI <18.5 kg/m2) in India. It is based on a survey of various
states for the year 2015-16. Look at the table and answer the following questions.
(i) Compare the nutritional level of people in Kerala and Madhya Pradesh.
(ii) Can you guess why around one-fifth of people in the country are undernourished even though it is argued that there is enough food in the country? Describe in your own words.
Choose the most appropriate answer.
(a) The sectors are classified into public and private sector on the basis of:
(i) employment conditions
(ii) the nature of economic activity
(iii) ownership of enterprises
(iv) number of workers employed in the enterprise
(b) Production of a commodity, mostly through the natural process, is an activity in ______________ sector.
(i) primary
(ii) secondary
(iii) tertiary
(iv) information technology
(c) GDP is the total value of _____________ produced during a particular year.
(i) all goods and services
(ii) all final goods and services
(iii) all intermediate goods and services
(iv) all intermediate and final goods and services
(d) In terms of GDP the share of tertiary sector in 2003 is _________
(i) between 20 per cent to 30 per cent
(ii) between 30 per cent to 40 per cent
(iii) between 50 per cent to 60 per cent
(iv) 70 per cent
Say True or False.
How do banks mediate between those who have surplus money and those who need money?
Explain the objective of implementing the NREGA 2005.
Development of a country can generally be determined by
(i) its per capita income
(ii) its average literacy level
(iii) health status of its people
(iv) all the above
Using examples from your area compare and contrast that activities and functions
of private and public sectors.
The following tables gives the GDP in Rupees (Crores) by the three sectors:
Year |
Primary |
Secondary |
Tertiary |
1950 |
80,000 |
19,000 |
39,000 |
2000 |
3,14,000 |
2,80,000 |
5,55,000 |
i. Calculate the share of the three sectors in GDP for 1950 and 2000.
ii. Show the data as a bar diagram similar to Graph 2 in the chapter.
iii. What conclusions can we draw from the bar graph?
Workers are exploited in the unorganised sector. Do you agree with this view? Give reasons in support of your answer.