Term | Definition |
Development |
change for the better/ progress over a period of time. |
Income |
Anything we earn for living is called income |
National Income |
Total income earned by the residents of a country during a particular year. |
Per Capita Income |
It is the average income of people of a country during a particular year. |
Literacy Rate |
This is the total percentage of the population of an area at a particular time aged 7 years or above, who can read and write with understanding at least one language. |
Infant Mortality Rate |
The number of infant deaths for every 1,000 live births. |
Life Expectancy |
It shows the average expected length of life of a person at the time of birth. |
Net Attendance Ratio |
Refers to the total number of children in the age group 14 and 15 years attending school as a percentage of the total number of children in the same age group |
Gross Enrolment Ratio |
It shows enrolment ratio in primary schools, secondary schools and in higher education. (iii) Per Capita Income. |
Human Development |
It means the development of an individual through raising the level of their well-being to lead a purposeful and creative life. |
Body Mass Index |
BMI is calculated to assess the nutritional and health status of adults. |
Sustainable Development |
It refers to the development that aims to maintain the quality of life of both- the present and future generations without harming natural resources and the environment. |
Glossary - Concepts - Chapter 1 Class 10 Economics - Development - Economics
Last updated at Dec. 13, 2024 by Teachoo