Firoz Sir Class

Economy  Chapter 2 : Sectors Of Indian Economy Classify the sectors on the basis of Economic activities Basis Primary Secondary Tertiary Meaning It involves activities that directly extract natural resources from the Earth. It involves the activities that process raw materials into finished or semi-finished goods. It provides services rather than goods to support production and daily life. Nature of Output Natural goods Manufactured goods Services Process Extraction Manufacturing Service Dependency Depends on nature Depends on primary Depends on both Alternate Name Agriculture Industrial Service Examples Farming, fishing, mining Iron & Steel, factories Banking, IT Role Base of economy Value addition Support system GDP Share Decreasing over time Increasing gradually Highest contribution Employment Decreasing over time but still highest Increasing gradually Growth in employment Difference betwee...

Chapter 2 : Federalism Federalism  Federalism is a system of government in which the power is divided between a central authority and various constituent units of the country. Difference between Federal and Unitory form of Government Federal Government Unitary Government 1. Powers are divided between central and state governments. 1. All powers are concentrated in the central government. 2. Each level of government has its own authority. 2. Local governments derive their powers from the central authority. 3. State government is not answerable to the central government. 3. Sub-units are subordinate to the central government. 4. The central government cannot directly order state governments. 4. The central government can give direct orders to states. Examples: India, USA Examples: France, UK Key Conditions for Federalism Federalism can be adopted by any country, regardless of its size, population, o...

What is Development?  Development refers to a process of improvement in the economic and social well-being of people . It involves: Increase in income and economic opportunities Improvement in education and health Expansion of freedom, equality, and dignity Developmental Goals Developmental goals are the aspirations or objectives that individuals or societies seek to fulfil their needs and improve their standard of living. 1. Different people have different developmental Goals  Examples A landless labourer may want higher wages and regular employment. A woman may seek equality, safety, and equal opportunities. 2. Conflicting Developmental Goals The situations where the development goals are same for different individual or groups. what may be development for one may not be development for the other.  It may even be destructive for the other Example Industrialists may want more dams for electricity. But dams may displace tribals and farmers from their land.  3. In...