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3 cards from this section. Quick, good the night before a test.
Define equity in terms of economic development.
Think of it as fairness in benefits from growth.
What is the primary goal of India's five-year plans?
Recall the acronym GEMS!
What does equity aim to achieve in economic planning?
Think about how benefits are shared in society.
True or False: Modernization only leads to economic growth without any adverse effects.
Consider the impact on different income groups.
Critically assess how India's five-year plans addressed the challenge of equity in a diverse society. What policies worked and what didn't?
Think about specific regions or demographics that were affected.
Drawing on the concepts of growth and equity, propose a new policy approach for future economic planning in India that emphasizes both.
Consider what balance could be struck between economic growth and social welfare.
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