Give three examples where an average is used for comparing situations.

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Chapter 1

NCERT

Class 10

Economics

Solutions

1. Give three examples where an average is used for comparing situations.

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Question:

Give three examples where an average is used for comparing situations.

Answer:

Average is used to compare the following situations

(i) Average is used to compare the per capita income of any country.

(ii)Average is used to compare the achievements of the students in any competitive examination.

(iii)Average is also used to compare the achievements of cricket players.

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(All Q's of this Chapter solved)

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Why do we use averages? Are there any limitations to their use? Illustrate with your own examples related to development.

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In what respects is the criterion used by the UNDP for measuring development different from the one used by the World Bank?

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What is the main criterion used by the World Bank in classifying different countries? What are the limitations of this criterion, if any?

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From the text, find out the per capita income level of low-income countries as per World Development Reports.

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Suppose records show that the average income in a country has been increasing over a period of time. From this, can we conclude that all sections of the economy have become better? Illustrate your answer with an example.

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Besides size of per capita income, what other property of income is important in comparing two or more societies?

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Explain some of the important ideas of the above section in your own words.

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Why do different persons have different notions of development? Which of the following explanations is more important and why?

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