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    This document contains an economics worksheet on the topic of development. It includes 24 questions about key development concepts such as per capita income, conflicting development goals, the limitations of using average income as a measure, and the definition of terms like GDP, GNP, HDI, and BMI. The worksheet was prepared by Mr. R.K. Mahapatro to guide students in learning about measuring and assessing economic development.

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    This document contains an economics worksheet on the topic of development. It includes 24 questions about key development concepts such as per capita income, conflicting development goals, the limitations of using average income as a measure, and the definition of terms like GDP, GNP, HDI, and BMI. The worksheet was prepared by Mr. R.K. Mahapatro to guide students in learning about measuring and assessing economic development.

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    56 views1 page

    1572869024246

    Uploaded by

    Varun
    This document contains an economics worksheet on the topic of development. It includes 24 questions about key development concepts such as per capita income, conflicting development goals, the limitations of using average income as a measure, and the definition of terms like GDP, GNP, HDI, and BMI. The worksheet was prepared by Mr. R.K. Mahapatro to guide students in learning about measuring and assessing economic development.

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    of 1

    X Economics

    Worksheet Ch1: Development

    1. Why is per capita income calculated in US $?


    2. “People have conflicting development goals”. Support the statement with suitable examples.
    3. “Money cannot buy all the goods and services one needs to live well.” Do you agree with this
    statement? Justify your answer with three arguments.
    4. Define average income.
    5. Define GDP and GNP
    6. Differential Human Development Report and World Development Report.
    7. What is HDI? Which organization measures the HDI? Explain the three major indicators of HDI.
    8. “What may be the development for one, may be the destruction for others.” Explain the
    statement with appropriate examples
    9. “Average income is important, but it has limitations while using it”. Explain.
    10. What is meant by economic development” What are the two bases of measuring economic
    development of a country?
    11. “The “Earth provides enough to satisfy every man's needs, but not every man's greed.” How is
    this statement relevant for the discussion of Development? Discuss.
    12. Define BMI.

    Prepared by Mr. R.K. Mahapatro

    X Economics

    Worksheet Ch1: Development

    13. Why is per capita income calculated in US $?


    14. “People have conflicting development goals”. Support the statement with suitable examples.
    15. “Money cannot buy all the goods and services one needs to live well.” Do you agree with this
    statement? Justify your answer with three arguments.
    16. Define average income.
    17. Define GDP and GNP
    18. Differential Human Development Report and World Development Report.
    19. What is HDI? Which organization measures the HDI? Explain the three major indicators of HDI.
    20. “What may be the development for one, may be the destruction for others.” Explain the
    statement with appropriate examples
    21. “Average income is important, but it has limitations while using it”. Explain.
    22. What is meant by economic development” What are the two bases of measuring economic
    development of a country?
    23. “The “Earth provides enough to satisfy every man's needs, but not every man's greed.” How is
    this statement relevant for the discussion of Development? Discuss.
    24. Define BMI.

    Prepared by Mr. R.K. Mahapatro

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