A quick Overview of Economics Chapter 4 and 6 of CBSE Class 11

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For the learners in the field of commerce, the textbooks offered by CBSE for Class 11 are very important. They form the foundation of the learner in the field of commerce about what Economy is and how does it function. The subject of Economics consists of two parts as per the book.  While the first is associated with the theory part giving a practical and historical insight of the Indian Economy, pre, and post-Independence; the second topic deals with a mathematical area of economics. The economic growth and economic development of the country are closely inter-connected, and over the year both have shown a rise in the graph. The five-year plans which stressed on liberalization and globalization were imperative to get the country into the global market. There was also a considerable rise in the agricultural produce of the country through Green Revolution. It starkly increased the agricultural output. On the other hand,sustainable development signified a more gradual development without gravely depleting our environment and the natural resources of the country. Chapter 4 and 6 of the Economics books deals with poverty and rural development. They offer ademographic presentation of the facts of past with the help of the figures and different intervals. One can understand the concepts and also know the measures taken by the government to overcome this situation in different five year plans in past and also being taken in present.

Chapter 4- Poverty

The CBSE Class 11 Economics chapter 4 deals with the phenomenon called poverty. After the British left the country,the economy of the country hit rock bottom. There was a steep fall in the agricultural and industrial sector. After more than half a century of independence, a considerable number of people whoseearning is below thepoverty line. The following topics are taught in this chapter:

  • Introduction
  • Who are the poor?
  • How are the poor people identified?
  • The number of poor in India
  • What causes poverty?
  • Policies and programs towards poverty alleviation
  • Poverty alleviation programs – A critical assessment
  • Conclusion

Chapter 6 – Rural Development

In India, approximately seventy of the country’s economy is agricultural based; the economic growth is also dependent on the rural development. The word development essentially means the lifestyle of the people living in these areas and how theagricultural production is channelized to the market economy thus leading to their development. The chapter deals with the following topics:

  • Introduction
  • What is Rural Development?
  • Credit and Marketing in Rural Areas
  • Agricultural market system
  • Diversification into productive activities
  • Sustainable development and organic farming
  • Conclusion

The CBSE board always refers to NCERT published books in the schools and the students can buy the solution books of the particular subjects to get a better insight of the chapters. The solutions books comprise questions, both long and short, from the particular chapters. For example, a NCERT solution for Class11 Rural Development chapter presents a list of questions that a student can consult before main exams.

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