Explain the consequences of one-child policy adopted by China in the 1970s.
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Solution and Explanation
Positive Consequences: Population growth was controlled, reducing strain on resources. Families could allocate more resources like education and healthcare to a single child.
Negative Consequences:
Aging Population: The population aged rapidly, leading to labor shortages.
Gender Imbalance: A preference for male children resulted in a skewed gender ratio.
Social Issues: Increased pressure on single children, leading to psychological problems.
Top Questions on Production Theory
Read the following text carefully: Decisions taken by factors of production in the production process often may affect the stakeholders indirectly. Such impacts at times are huge but are not accounted for, while estimating national income. Economists call them as externalities and they can be positive or negative.} {In this regard, many economists suggest carbon pricing as an important tool to ensure ecological balance. Carbon pricing tries to control greenhouse gas emissions by either placing a fee on emitting or offering subsidies on lesser emission. Through instruments like carbon tax, green cess, eco tax, etc. economists suggest moving towards greener technology eliminating such negative externalities.On the basis of the given text and common understanding, answer the following questions:
(i) Define externalities.- CBSE CLASS XII - 2024
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- CBSE CLASS XII - 2024
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"If actual demand for final goods falls short of the actual output of final goods corresponding to full employment level, it may lead to an unintended accumulation of inventories."
Do you agree with the given statement? Give valid reasons in support of your answer.- CBSE CLASS XII - 2024
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- Discuss any two liberalization measures pertaining to the tax reforms, introduced by the government, during the economic reform process of 1991.
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Questions Asked in CBSE CLASS XII exam
China was able to control its rapid population growth rate owing to __________.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
- Economic History
Modernization is an important economic planning objective that focuses on ___________.
(Choose the correct alternative to fill in the blank):
[(i)] Adoption of innovative technology
[(ii)] Equal distribution of income and wealth
[(iii)] Bringing positive changes in the social outlook- CBSE CLASS XII - 2024
- India and China
During the British rule, India’s foreign trade had various features except ________.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
- Money and Inflation
The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where _______.
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade, and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.- CBSE CLASS XII - 2024
- Money and Inflation
_______ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):- CBSE CLASS XII - 2024
- Indian Economy