Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

5 Questions

1 Views

Economic Development and Growth Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is GNP and how is it calculated?

GNP is the total market value of all final goods and services produced within a nation in a particular year, plus income earned by its citizens, minus income of non-residents located in that country.

How would you distinguish between economic growth and economic development?

Economic growth deals with the problems of developed countries and is gradual and steady, while economic development deals with the problems of underdeveloped countries and is discontinuous and spontaneous.

Define economic planning according to Robbins.

Economic Planning is 'collective control or suppression of private activities production and exchange' - Robbins

What are the social indicators of economic development?

<p>Social indicators of economic development refer to the basic and collective needs of the people, including direct provision of basic needs such as health and education.</p> Signup and view all the answers

Write a short note on NITI Aayog.

<p>NITI Aayog, formed on 1st January 2015, is a National institution for transforming India which replaced the planning commission. It serves as a policy think-tank.</p> Signup and view all the answers