Chapter 7 of 13
Concept Maps
The Nature of Indian Economy — Concept Maps
ICSE · Class 9 · Economic Applications
4 concept maps of The Nature of Indian Economy for ICSE Class 9 Economic Applications, each also written out as a text outline.
43 questions36 flashcards5 concepts
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4 Concept Maps
Nature of Indian Economy - Complete Overview
The map in words
- Indian Economy
- Developing Economy
- National Income Growth
- GDP 5.4% annual
- Per capita income increase
- Structural Changes
- Agriculture 52% to 17.5%
- Industry 18.6% to 28%
- Services 29.4% to 54.5%
- Infrastructure Expansion
- Power generation
- Transport network
- Banking system
- Human Development
- Education progress
- Health improvements
- National Income Growth
- Mixed Economy
- Public Sector
- Heavy industries
- Railways
- Banking
- Private Sector
- Agriculture
- Consumer goods
- Services
- Economic Reforms
- Liberalization
- Privatization
- Globalization
- Public Sector
- Underdeveloped Features
- Low Per Capita Income
- $2380 compared to USA
- Poverty
- 22% below poverty line
- Employment Issues
- 46% in agriculture
- Unemployment 5%
- Infrastructure Deficit
- Power shortage
- Transport gaps
- Low Per Capita Income
- Developing Economy
Nature of Indian Economy - Complete Overview
The map in words
- Indian Economy
- Developing Economy
- National Income Growth
- 5.4% annual growth
- Per capita income increase
- Structural Changes
- Agriculture 52% to 17.5%
- Services 29% to 54.5%
- Industry 18.6% to 28%
- Modernization
- Green Revolution
- Industrial diversification
- Infrastructure expansion
- Social Progress
- Literacy 18% to 77.7%
- Life expectancy improvement
- Health facilities growth
- National Income Growth
- Underdeveloped Features
- Low Per Capita Income
- $2380 in 2023
- Much lower than developed nations
- High Inequality
- Top 10% hold 26% income
- Bottom 10% hold 3.3%
- Poverty and Unemployment
- 22% below poverty line
- Agriculture dependency 46%
- Quality of Life Issues
- Hunger index rank 107
- Malnutrition problems
- Low Per Capita Income
- Mixed Economy
- Public Sector
- Railways
- Heavy industries
- Infrastructure
- Private Sector
- Agriculture
- Consumer goods
- Trade and commerce
- Economic Reforms 1991
- Liberalization
- Privatization
- Globalization
- Public Sector
- Developing Economy
Nature of Indian Economy - Complete Overview
The map in words
- Nature of Indian Economy
- Developing Economy
- Growing GDP
- 5.4% average growth
- World 5th largest
- Structural Changes
- Agriculture decline
- Services growth
- Industry expansion
- Infrastructure Growth
- Power generation
- Transport network
- Communication
- Growing GDP
- Underdeveloped Features
- Low Per Capita Income
- Compared to developed nations
- Income inequality
- Employment Issues
- 46% in agriculture
- Unemployment
- Social Indicators
- Poverty levels
- Health challenges
- Low Per Capita Income
- Mixed Economy
- Public Sector
- Railways
- Steel plants
- Banks
- Private Sector
- Consumer goods
- Services
- Trade
- Government Role
- Planning
- Regulation
- Welfare
- Public Sector
- Economic Reforms 1991
- Liberalization
- License removal
- Deregulation
- Privatization
- Disinvestment
- Private participation
- Globalization
- Foreign investment
- International trade
- Liberalization
- Developing Economy
Indian economy as a developing, underdeveloped, and mixed economy
The map in words
- Indian economy as a developing, underdeveloped, and mixed economy
- Developing economy
- Underdeveloped economy
- Mixed economy
- Sectoral change
- Agricultural transformation
- Industrial and infrastructure growth
- Science, technology, education, and health
- Savings, capital formation, and investment
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Explore DiagramsFrequently Asked Questions
What are the important topics in The Nature of Indian Economy for ICSE Class 9 Economic Applications?
Key topics in The Nature of Indian Economy include Nature of the Indian Economy, Growth in National Income and Per Capita Income, Changes in the Composition of National Income, Growth in Agriculture and Industry. Study these first, then practise questions on each for Class 9 exams.
What do the concept maps for The Nature of Indian Economy show?
The 4 maps show how the ideas in The Nature of Indian Economy connect: Nature of Indian Economy - Complete Overview; Nature of Indian Economy - Complete Overview. Each map is also written out as an outline on this page.
How should I revise The Nature of Indian Economy for Class 9 exams?
Learn the core ideas first, then work through the 43 practice questions on The Nature of Indian Economy. Revise definitions regularly and use flashcards for quick recall before the exam.
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