11th Economics Chapter 2
The progress of the Indian economy during the first seven plans was impressive. India became self-sufficient in food production thanks to the ___ revolution.
In the context of Indian economy from 1950-1990, excessive government regulation prevented the growth of entrepreneurship and the producers were protected against foreign competition in the name of self-reliance, which did not give them the incentive to improve the quality of goods. This protectionist policy was described as '___ oriented.'
The spread of green revolution technology in the second phase (mid-1970s to mid-1980s) benefited a larger number of states and a wider variety of crops, leading to India achieving ___ in food grains.
The portion of agricultural produce sold in the market by the farmers is referred to as ___ surplus.
The stagnation in agriculture during the colonial rule was broken by the use of high yielding variety (HYV) seeds, leading to a large increase in production of food grains known as the ___ revolution.
– Goals of India's five year plans
– Summary: Understanding the objectives set by India's five year plans for economic development and welfare.
– Development policies in sectors like agriculture and industry from 1950-1990
– Summary: Studying the policies implemented in agriculture and industry sectors during the period of 1950-1990 for economic growth.
– Merits and limitations of a regulated economy
– Summary: Evaluating the advantages and disadvantages of a regulated economy for managing economic activities【4:0†source】.
Define a plan.
Why did India opt for planning?
Why should plans have goals?
What are High Yielding Variety (HYV) seeds?
What is marketable surplus?
Based on the chapter content provided in the PDF file "11th Economics Chapter 2.pdf," here are three DIY activities or projects that students can do related to the topics covered:
Agricultural Farm Case Study:
- Activity:Visit an agricultural farm, study the farming methods used, and prepare a case study.
- Materials Needed:Notebook, pen, camera (optional).
- Steps:
Plan a visit to an agricultural farm with your friends or family.
Observe the types of seeds, fertilizers, machines, and irrigation methods used.
Note down the costs involved, marketable surplus, and income earned by the farming family.
Interview an elderly member of the farming family for insights into changes in cultivation methods over time.
Discuss your findings in class and prepare a chart comparing various aspects of farming methods.
Newspaper Cuttings Analysis:
- Activity:Collect and analyze newspaper cuttings related to international organizations and their views on farm subsidies.
- Materials Needed:Newspapers, scissors, glue, paper.
- Steps:
Collect newspaper cuttings mentioning the World Bank, IMF, WTO, G7, G8, and G10 countries.
Compile the cuttings and discuss the perspectives of developed and developing countries on farm subsidies.
Share and analyze the different views in a group discussion with friends or family.
Pie Chart Creation:
- Activity:Create a pie chart showcasing the occupational structure of the Indian economy.
- Materials Needed:Paper, color markers, ruler, compass.
- Steps:
Use the provided data (1950-51 and 1990-91) to construct a pie chart showing the sectoral contribution to GDP.
Discuss the changes in sectoral contributions in light of the economic development during 1950-91.
Reflect on the effects of these changes and share your observations in a group discussion or class presentation.
These activities will not only enhance your understanding of the economic concepts discussed in the chapter but also provide practical insights into real-world applications of economic principles. Have fun exploring and learning through these engaging DIY projects!
Here are three real-world examples or scenarios related to the topics covered in the chapter:
1. Visit to an Agricultural Farm: Students can visit an agricultural farm to study the farming methods used, including types of seeds, fertilizers, irrigation techniques, costs, marketable surplus, and income generated. This practical experience can help students understand the real-life aspects of agriculture and how different factors impact farming outcomes. They can then discuss their findings in class and create charts to compare various aspects of farming methods【4:0†source】.
2. Newspaper Cuttings Analysis: Students can collect and analyze newspaper cuttings related to international organizations like the World Bank, International Monetary Fund, World Trade Organization, and meetings of G7, G8, G10 countries. By discussing the views of developed and developing countries on farm subsidies as shared in these cuttings, students can gain insights into global economic policies and the perspectives of different nations on agricultural support programs【4:0†source】.
3. Pie Charts on Occupational Structure: Students can prepare pie charts illustrating the occupational structure of the Indian economy in different periods, such as 1950–51 and 1990–91. By discussing the possible reasons for the changes in the shape of these pies, students can learn about the shifts in the economy over time and the factors influencing the distribution of the workforce in different sectors【4:0†source】.
These scenarios provide hands-on experiences and analytical exercises that can deepen students' understanding of the economic concepts discussed in the chapter.
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