Class 11 NCERT Solutions Indian Economic Development - Chapter 8 - Free PDF Download
FAQs on NCERT Solutions for Class 11 Economics Chapter 8 - Infrastructure
1. State the importance of Infrastructure in development.
Infrastructure plays a vital role in development in the following ways.
Effect on Productivity Infrastructure assumes a significant function within the raising profitability, with improved streets, stockrooms then on ranchers can undoubtedly sell their items in various business sectors. Likewise, water system offices have decreased reliance on rainstorms for water needs, which builds efficiency also as a creative level.
Instigates Investment Infrastructure prompts speculation. Low speculation focuses on a low degree of creation and backwardness of an economy. A strong foundation draws in unfamiliar speculators, which provides speculation roads and productive endeavours.
Creates Linkages in Production Better methods for transport and correspondence, the vigorous arrangement of banking and account produces better between modern linkages. It's a circumstance when the development of 1 industry encourages the extension of the opposite.
Upgrading Size of the Market Infrastructure improves the dimensions of the market as the massive size of creation can catch more market.
2. What are the future prospects in terms of infrastructure in India?
Some economists have proposed that India will become the third-biggest economy in the world, a couple of decades from now. For that to happen, India will need to boost its infrastructure investment. In an economy, due to a rise in income, the requirement of infrastructure will change. Unlike the other countries, the developed economies require more service associated with infrastructure. That’s why the share of power and telecommunication infrastructure is more significant in high-income nations. Thus, the advancement of infrastructure and economic growth go hand in hand. If proper attention isn't paid to infrastructure development, economic development is going to be severely affected.
3. Explain the term ‘infrastructure’, according to Chapter 8 of Class 11 Economics.
To help an economy function correctly, a basic or core supporting system is required. This supporting system is known as infrastructure.
For a more detailed answer about the term ‘infrastructure,’ the students can consult Vedantu to get all the solutions in pdf format for free. These solutions can also be downloaded free of cost from the Vedantu website and the Vedantu app.
4. What is a ‘global burden of disease’, according to Chapter 8 of Class 11 Economics?
The global burden of disease is an indicator. Experts use this indicator to get knowledge about the number of premature deaths due to certain diseases. It also records the number of years spent by them as a patient of that disease. Complete information of this chapter is easily available on Vedantu for a student’s reference, including all the other study material.
5. Is Chapter 8 of NCERT Class 11 Economics important?
One of the many subjects in your Class 11, Economics will play a bigger role once you pass out your Class 12. So as a subject that has a huge role in your life, every chapter of this subject should be treated with equal importance. Chapter 8 is one of the many chapters of this subject that provides important knowledge that every student should know. Hence, Chapter 8 is very important in your Class 11 Economics.
6. How can I study Chapter 8 of NCERT Class 11 Economics?
To study the NCERT Chapter 8 of Class 11 Economics, you should follow the following steps:-
Take a look at the detailed syllabus of this subject before beginning to study.
Take a look at what topics each chapter covers. In this way, you can make sure that you do not miss out on any topic covered by a chapter because each topic is equally important.
Make a lesson plan before beginning to study.
Start covering the topics in this chapter one by one.
Read the chapter from your textbook thoroughly.
Make sure to note down anything that you find important while reading the chapter. This will later help you in your revision for your examination.
7. Will I be able to score the highest marks in Chapter 8 of NCERT Class 11 Economics?
If a student is focused enough, they can easily score high marks in any subject they want. Economics is no different in this case. The following exam tips will help the students score the highest marks in their NCERT Chapter 8 of Class 11 Economics.
Be clear with every concept that you study in your Chapter 8 of Class 11 Economics.
Make sure that you memorize all the important definitions associated with Chapter 8 of Class 11 Economics.
Make revision notes to study just before your examinations.
Keep a hold on your nerves and be self-confident.
Keep your mind calm while giving your exams. This will help you remember everything that you have studied.