Rural Development — Chapter Summary
ICSE · Class 11 · Economics
Summary of Rural Development for ICSE Class 11 Economics. Key concepts: Rural development is, Agricultural development and Important issues include human.
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Overview
Rural development means improving the quality of life and economic well-being of people living in rural areas. It is a broad idea that covers agriculture, infrastructure, credit, marketing, employment, and social progress. Rural areas contain about 72% of India’s population, and a large share of the
Key Concepts
Rural development is the process
Rural development is the process of improving the quality of life and economic well-being of people living in rural areas. It includes all activities
Agricultural development mainly covers cultivation
Agricultural development mainly covers cultivation and allied activities such as animal husbandry, forestry, and fishery.
Important issues include human resource development
Important issues include human resource development, infrastructure, land reforms, poverty alleviation, and better use of local productive resources.
Rural credit is finance needed by
Rural credit is finance needed by farmers and rural households for productive and unproductive needs. It can be short-term, medium-term, or long-term,
Rural credit comes from non
Rural credit comes from non-institutional sources such as moneylenders, traders, landlords, and relatives, and from institutional sources such as coop
Learning Objectives
- Understand the meaning and scope of rural development
- Identify the major issues connected with rural development
- Explain the need for rural credit and its sources
- Describe the role of institutional credit and cooperatives
- Understand agricultural marketing and its defects
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Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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