Class 12 Economics Notes

Indian Economy on the eve of Independence | Class 12 Indian Economic Development Notes

The transformation of the Indian economy under British rule was drastic and had far-reaching consequences. This chapter aims to provide a...

Indian Economy 1950-1990 | Class 12 Indian Economic Development Notes

Short Notes and Summary Detailed Notes Model NCERT Exercise Answers Short Notes and Summary The period from 1950 to 1990 is a critical...

Poverty | Indian Economic Development | Class 12

Introduction Economists identify the poor on the basis of their occupation and ownership of assets. They state that the rural poor work...

Human Capital Formation In India | Class 12 Indian Economic Development Notes

What is Human Capital? Just as a country can turn physical resources like land into physical capital like factories, similarly, it can...

Rural Development | Class 12 Indian Economic Development Notes

What is Rural Development? Rural development is a comprehensive term. It essentially focuses on action for the development of areas that...

Employment: Growth, Informalisation and other Issues | Class 12 Indian Economic Development Notes

Workers and Employment Those activities which contribute to the gross national product are called economic activities. All those who are...

Infrastructure | Class 12 Indian Economic Development Notes

What is Infrastructure? Infrastructure provides supporting services in the main areas of industrial and agricultural production, domestic...

Environment and Sustainable Development Notes | Class 12 Indian Economic Development

Introduction The economic development that we have achieved so far has come at a very heavy price at the cost of environmental quality....

Comparative Development Experiences Of India Notes | Class 12 Indian Economic Development

Developmental Path A Snapshot View Do you know that India, Pakistan and China have many similarities in their developmental strategies?...