CBSE Class 10 Geography Chapter 7 Notes - Lifelines of National Economy

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Lifelines of National Economy Class 10 Notes Geography Chapter 7 - PDF Download
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With the rapid development of the country, our need, wants, and demands for the production of services, goods, and movement over space take an increase. Today, the world has turned over into a large production factory with the help of an efficient and fast-moving transport system. Today, India is well-linked with the rest of the world through its stable economy and well-connected transport.

Through the Lifelines of National Economy Class 10 Notes, students will comprehend how the modern means of transport and communication serve as lifelines of our nation and its modern economy.

CBSE Class 10 Geography Chapter 7 Notes - Lifelines of National Economy part-1
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FAQ (Frequently Asked Questions)

Q1. What are International Trade and its Importance in the Lifelines of National Economy Notes ?

Ans: International Trade is defined as the exchange of goods and services that occurs among states, countries, and people. International trade is often considered as the economic barometer for a country and includes import and export as the ultimatum components of the trade. The balance of international trade in a country states the difference between its imports and exports. There are two types of balance of trade- Favourable and Unfavourable balance of trade. Favourable balance of trade happens when the value of exports exceeds the value of imports, and Unfavourable balance of trade happens when the value of imports exceeds the value of exports. The commodities exported from India include jewellery, gems, chemicals, and other related objects. The commodities imported from India include petroleum crude and products, agricultural products, metals, and more.

Q2. What Role Does Communication Play in the Lifelines of National Economy?

Ans: India is one of the largest telecom networks in Asia and the standard Subscriber Trunk Dialling (STD) facilities set up all over Indian have made the integration of the development in space technology with communication technology possible. Three essential features of communication play an essential role as a Lifeline Of Indian Economy.

Mass Communication creates awareness and provides environment among people about multiple national policies and programmes such as newspapers, radio, books, television, and films. India publishes a considerable number of newspapers across the country in about 100 dialects and languages.

Akashwani or the Indian Radio Channel broadcasts multiple programmes in the local, regional, and national languages.

Doordarshan is the world's largest terrestrial network that functions as India's largest national television channel.