These notes act as a guiding tool for students trying to study economics in class 9. This subject can set the base for students who opt the same subject for their 11th and 12th. The subject gives students a clear understanding of the basics of Economics. The subjects bring into light the importance of resources and how scarce they are in today's world and especially in India.
The various chapters cover a lot of the essential basic elements of economics so students can understand what the subject is all about.
This class 9 notes on economics will help students to understand the various concepts in basic economics. These notes can help students by making their studying preparation more straightforward and more comfortable to revise the subject. By using these notes, students can prepare in a more structured manner, thereby allowing for a systematic and faster method in studying, by using a systematic way, students will be able to understand concepts better. Students must move from basic concepts to the more challenging concepts, so they get a better grasp of the topics.
The NCERT class 9 CBSE notes consist of the following four chapters, and these are as follows
Chapter 1 - The story of village Palampur
This chapter covers one of the most critical sectors in India, and that is the Agricultural Sector. This sector contributes to about 18% of India's GDP and also produces the most amount of employment in the country. It is important to note that this chapter covers a lot of essential concepts: the organization of all the crops, the production, transportation, labour workers etc. this chapter covers a lot of the critical elements that are crucial to Indian Agriculture. The chapters bring in this imaginary village and bring a lot of hypothetical situations to it which happen in real life in this sector and how it shows how these situations affect the sector.
Chapter 2 - People as Resource
This chapter shows students how important people are to the economy and the role they play. The entire population is considered as a human resource; this human Resource can be developed and made better with facilities like good Healthcare, Education and good infrastructure that make our lives easier. The chapter then goes on to divide the various activities of the economy into Primary, Secondary and Tertiary. The chapter also goes in-depth about the division of labour and its relevance. The wage gap between men and women in the economy is also crucial to the division of labour. The quality of the population is determined on the skill of the people, the literacy rate and their life expectancy.
Chapter 3 - Poverty as a Challenge
This is one of the most critical chapters in the subject because it discusses poverty-stricken India post Independence. Poverty means a person who cannot afford a home, has access to healthcare facilities, no means to access clean drinking water and no opportunities for a source of income. In India, there are two types of poverty, one which is seen by social scientists and the other is based on the poverty line. The country had been seeing a drop in the poverty index from 45% in 1993 to 22% in 2012. The chapter also talks about the various problems of interstate disparity, vulnerable groups and the global poverty scenario. There are various causes for poverty, and these include the British government intervention and the small farmers being unable to repay the loans that they took. Several Anti Poverty measures have taken place over the years such as Mahatma Gandhi National Rural Employment Guarantee Act 2005, Prime Minister Rozgar Yogna etc.
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Chapter 4 - Food Security in India
Food security is a simple concept where food is available at all times, is affordable and accessible by all people in the country. Here the food must be accessible to everyone from all walks of life in every region in the country. Food security can only be ensured if the quality, accessibility and no barriers are all there. The reason why Food Security is in place is to avoid any sort of famine after a natural disaster or some sort of economic recession, avoiding hunger is the goal of Food Security. Ever since the green revolution, the country has been doing pretty well with two of its systems in place, ie. Buffer stock and Public Distribution System.
FAQs (Frequently Asked Questions)
1. What is the role of cooperatives in food security?
In the southern and western part of the country, they play a significant role. How Cooperatives work is they set up shops in different regions and their goods at low affordable prices. This makes it easier for poor people from rural areas and also urban cities to purchase food at prices convenient for them. This makes accessibility to food a lot easier and allows for Food Security in the country. With this, they help in Promoting Food Security in the country. These cooperatives allow for a faster network of cheap food during economic crises.
2. What are the factors that affect the quality of the population
Three factors affect the quality of the population, and these are as follows-
Education: By learning more only can the citizens grow and help the country grow simultaneously. Therefore the literacy rate of the country must grow.
Heath -Creating cheap and accessible healthcare can help grow the life expectancy of the country. By implementing good health care facilities around the country, can the people of the country live better lives and the living standard of the country become better?
Unemployment - In India, based on the sectors, the unemployment rate varies. In the rural area, it is usually more seasonal, whereas in the urban region it is more of educated unemployment.