ECONOMICS-CH-DEVELOPMENT

EXTRA QUESTIONS

Question 3

(a) For many of the important things in life; the best way, also the

cheapest way, is to provide these goods and services collectively.  

Justify this statement.

Ans: I can justify this by stating that it will it be cheaper to have

collective security for the whole locality rather than for each house

 to have its own security man. What if no one, other than me, in

my village or locality is interested in studying? Would I be able

 to study? Not unless my parents could afford to send me to some

 private school elsewhere. So I am actually able to study because

 many other children also want to study and because many people

 believe that the government should open schools and provide other

 facilities so that all children have a chance to study. That is why for

 many of the important things in life the best way, also the cheapest way,

is to provide goods and services collectively.

(b) Explain with an example from India that why the present level

of development is not sustainable.                                                          

Ans: Recent evidence in India suggests that the groundwater is

under serious threat of overuse in many parts of the country.

 About 300 districts have reported a water level decline of over

 4 metres during the past 20 years. Nearly one-third of the country

 is overusing their ground water reserves. In another 25 years,

60 per cent of the country would be doing the same if the present

way of using this resource continues. Groundwater overuse is particularly

found in the agriculturally prosperous regions of Punjab and Western

U.P., hard rock plateau areas of central and south India, some coastal

areas and the rapidly growing urban settlements. This is not a

sustainable development practise.