NCERT Solutions for Class 11 Economics - Indian Economic Development - Free PDF Download
Hearing the term Economics, many students end up scared or worried as the word sounds relatively foreign. The students have been exposed to the basic subjects throughout their educational life and suddenly a new topic is dropped on to them. Factually speaking, Economics is a branch of Social Science. It educates the readers on the working of consumption, demand, production, and distribution of goods and services. It deals with the allocation of resources by different authoritative bodies. In a way, it is an understanding of human behaviour which acts to benefit oneself.
Looking at what exactly Economics is, we can easily say that it is of great importance in our everyday life. In Class 11, students are made to learn the workings of Indian Economics and its development through the years. This plays a very important role in shaping individuals into aware citizens. The subject helps in preparing the students to deal with everyday situations and brings a level of confidence before stepping into real-world scenarios. This is one of the main reasons why this subject should not be taken lightly.
Of course, the second main reason is that it plays a main role in the Class 11 syllabus prescribed by the NCERT. Students should approach the subject with interest and a practical sense of learning. This would make the process of learning less of a chore and more of an education.
The prescribed book for NCERT Economics Class 11 is Indian Economics Development. The textbook contains 10 chapters, each of equal importance. Indian Economic Development included in the Class 11 syllabus consists of the elementary topics of subsequent advanced courses. The 10 chapters encompass various aspects of the Indian Economy, particularly on the parameters of development. Indian Economic Development Class 11 NCERT solutions discuss the chapters in much greater detail.
NCERT Solutions for Class 11 Economics: Indian Economic Development - Chapter-wise List
Given below are the chapter-wise NCERT Solutions for Class 11 Economics - Indian Economic Development. These solutions are provided by the Economics experts at Vedantu in a detailed manner. Go through these chapter-wise solutions to be thoroughly familiar with the concepts.
NCERT Solutions Class 11 Economics - Indian Economic Development Chapter-wise List
Indian Economic Development Class 11 Solutions – Free PDF Download
NCERT Class 11 Economics Chapter-Wise Solutions
The first chapter deals with the economic development of the country through colonial rule, up until our Independence.
The second chapter is a brief explanation of the economic events from 1950 to 1990. This period encompasses the Five Years’ Plan in detail.
The next chapter, Liberalization, Privatisation, and Globalisation explains these terms in depth.
Poverty is covered to great understanding in the next chapter, which includes all the programs that have been made to alleviate this problem.
Another important chapter is Chapter 5 on Human Capital Forming. It covers key topics like the education sector in our country. Rural Development, Employment, and Infrastructure are very important topics as well. They cover many essential concepts required in everyday life.
The last two chapters deal with Sustainable choices for Economic development and a comparison between India and its Neighbours.
Here is an overview of each chapter from this book:
The different chapters in CBSE Class 11 Indian Economic Development are:
Indian Economy on the Eve of Independence: Chapter 1
Chapter 1 includes the following topics – state of economic development under colonial rule, agricultural and industrial sector, Foreign Trade, occupational structure, demographic etc. The chapter has a total of 16 questions in both short and long format. Indian Economic Development Class 11 NCERT Solutions provide a lucid description of all these points.
Indian Economy 1950 – 1990: Chapter 2
The chapter on Indian Economy in the pre-liberalisation period in our country discusses the Five Years’ Plan and its respective goals. The other topics are agriculture, along with Industry and Trade. There are 19 questions from this chapter, and to answer those correct students need a clear conceptual understanding.
Liberalisation, Privatisation and Globalisation: Chapter 3
A total of 16 questions from this chapter cover the topics of liberalisation, privatisation and globalisation. Both objective and subjective questions are asked from this chapter.
Poverty: Chapter 4
The chapter on poverty starts with the parameters that are used for the determination of the group of people who will fall under the category of ‘poor’. It focuses on the identification of the poor in India and their present numbers. There is further discussion on the reasons behind poverty, along with different poverty alleviation policies and programs. 10 questions are asked from this chapter.
Human Capital Formation: Chapter 5
There are a total of 20 questions in this chapter, and various topics are – (a) concept of human capital, (b) sources, (c) relationship between human capital and human development, (d) human capital formation in India, (e) education sector.
Rural Development: Chapter 6
The chapter on rural development is dealt with in detail. The scope of the topics under this chapter is much wider. It includes – (1) rural development, (2) credit and marketing in such areas, (3) system of agricultural market, (4) diversification into different activities, and (5) sustainable development. These entire topics are covered by 17 questions.
Employment: Chapter 7
This is a relatively difficult chapter with 22 questions. The different topics are the participation of workers, self-employment, employment in offices and factories, evolving employment structure, workforce informalisation, unemployment, and government intervention, among others.
Infrastructure: Chapter 8
This chapter has 21 questions on the concept of infrastructure and its state in India. It also focuses on health and energy.
Environment and Sustainable Development: Chapter 9
The environment and sustainable development chapter include a total of 19 questions. More focus is given on sustainable development and the various strategies associated with it.
Comparative Development Experiences of India and its Neighbours: Chapter 10
It is a short chapter with only 5 questions, and the topics include demographic and human development indicators and various strategies for development.
NCERT Class 11 Indian Economic Development solutions
Looking at all these topics, one might get overwhelmed. It is to be noted that despite looking complex, the subject is interesting, and one can easily understand and relate once the student realizes how to approach the subject. Vedantu’s solutions for Class 11 NCERT Indian Economic Development can guide the students right from the beginning. These solutions have answers to all the questions given in the textbook. This is very important as it has been noted that the questions from the NCERT textbooks tend to repeat in the examination.
Questions of different kinds can be asked from the chapters under Indian Economic Development. Unless students have the requisite conceptual clarity, they will find it challenging to answer the questions. To that end, NCERT Class 11 Indian Economic Development solutions would help students to practice and prepare accordingly. This PDF material can be downloaded from Vedantu’s official website.
Vedantu’s Solutions for Class 11 NCERT Indian Economic Development
The solutions given by Vedantu are written in a detailed yet lucid manner where each answer is explained right from the basics. Even students who find the subject difficult will be able to pick up important concepts and develop an interest in them. Reading through these answers will also give the students an idea as to how the board expects them to write in the examination. The solutions have been written to the point, in simple language, sticking close to the NCERT guidelines by a group of subject experts from the Vedantu team.
Students can use these solutions as a revision tool as well. Since the entire textbook cannot be read while revising, the solutions will aid in a thorough yet speedy revision. These solutions are available free of cost on the website and can also be downloaded for offline use.
Apart from Indian Economic Development Class 11 NCERT Solutions, students have the option of availing themselves of online classes to clear further queries or confusion. Download the app today, to get started. So, head straight to the website, and get ready to score top marks!
FAQs on CBSE Class 11 Economics - Indian Economic Development NCERT Solutions 2022-23
1. What are the Different Chapters Included in CBSE Class 11 Economics?
Ans: The chapters of Class 11 Economics as mentioned in NCERT Solutions for Class 11 Indian Economic Development are –
(1) Indian Economy on the Eve of Independence,
(2) Indian Economy 1950 – 1990,
(3) Liberalisation, Privatisation, and Globalisation,
(5) Human Capital Formation in India,
(6) Rural Development,
(9) Environment and Sustainable Development,
(10) Comparative Development Experiences of India and its Neighbours.
2. What are the Benefits of Studying from NCERT Solution Indian Economic Development Class 11?
Ans: The NCERT solution provides answers to the NCERT questions which imparts students with a fair idea about the approach various questions in the examination. As the material is created by domain experts with considerable experience, the solution is accurate and to the point.
Preparation of Class 11 Economics from NCERT solution will help students to score high marks and also strengthen students' understanding of fundamental concepts on the topic. The language of the solution is kept lucid so that students have no problem understanding it.
3. What are the Topics Covered Under the Chapter on Employment in Class 11 Economics?
Ans: The topics under the chapter on employment include –
(a) Workers and Employment,
(b) Participation of Workforce,
(c) Hired workers and Self-Employed,
(d) Employment across factories, firms and offices,
(e) Growth and change in employment structure,
(f) Informalisation of the workforce
(g) Unemployment, and
(h) Employment generation.
4. What is covered in Class 11 Economics?
Ans: The fundamental subjects of future higher courses are covered in Indian Economic Development, which is included in the Class 11 syllabus. The ten chapters cover various areas of the Indian economy, with a focus on development criteria. NCERT answers for Indian Economic Development Class 11 go through the topics in greater depth. Statistics consists of the Mathematical way in which economic data is interpreted and the various ways in which we can compile it for further analysis.
5. Is Class 11 Economics hard?
Ans: Class 11 Economics can be particularly challenging because it is a new subject and because of its wide scope for Mathematics, students can find it difficult. The subject of Economics becomes more difficult as the course expands to include both Indian Economic Development and Statistics. It is, however, enjoyable to study 11th grade Economics, and if you work hard and have a competent instructor in school, you should have no trouble with it. Also, when at home, Vedantu has your back with easy NCERT solutions to help you understand the subject.
These solutions are available on Vedantu's official website(vedantu.com) and mobile app free of cost.
6. How many chapters are there in Class 11 Economics?
Ans: There are two books for Economics Class 11. The first book is Indian Economic Development and has 10 chapters in total. A detailed analysis of the Indian economy is there in this book and it covers all the major challenges the Indian economy faced throughout and the reforms that it underwent to overcome those challenges. The second book is Statistics and it has nine chapters. These chapters contain the means to analyse data and the mathematical aspect of it.
7. How many books of Economics are there in Class 11 NCERT?
Ans: There are two Economics books of Economics in Class 11 NCERT. The first book is Indian Economics development which is extensively based upon the changes that the Indian economy went through under the course of history. It covers all the reforms and major challenges that the Indian economy faced and the way in which it overcame it. The second book is Statistics which mostly covers the Mathematical aspect of Economics. There are various ways to compile and analyse data, which is all stated in this book.
8. What do you mean by Indian Economic Development?
Ans: The rise of the Indian economy and the changes it underwent throughout history are covered under Indian Economic Development. Over time, Economic development refers to an overall improvement in the standard of living and welfare of an economy's citizens. It involves an improvement in a variety of other aspects, such as education, health, employment, and so on, in addition to the rate of GDP growth. When that is referred to in the context of India, a wide comparison is drawn and India’s economy over the course of history is analysed.