Cheat sheet · Class 12 · CBSE · Commerce Economics
Indian Economic Development: Comparative Development Experiences of India and its Neighbours cheat sheet
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CBSE Class 12 · Economics
Cheat sheet
Chapter 14Comparative Development Experiences of India and its Neighbours
China: Great Leap Forward → Cultural Revolution → 1978 reforms.
1. Paths
| Country | Key events |
|---|---|
| India | five-year plans from 1951; 1991 reforms |
| China | PRC 1949; Great Leap Forward 1958; Cultural Revolution 1966–76; reforms 1978; SEZs |
| Pakistan | mixed economy; reforms 1988; dependence on remittances and aid |
2. Comparison
- China has the fastest growth and lowest poverty of the three.
- India leads in services.
- Pakistan's growth has been volatile.
3. Key Points
- China's one-child policy (later relaxed).
- Human development indicators compared via HDI.
- Political instability hurt Pakistan.
- SEZs attracted FDI in China.
Remember: Each country's path | growth & HDI comparison
More Class 12 · CBSE · Commerce Economics cheat sheets
- Macroeconomics: Introduction
- Macroeconomics: National Income Accounting
- Macroeconomics: Money and Banking
- Macroeconomics: Determination of Income and Employment
- Macroeconomics: Government Budget and the Economy
- Macroeconomics: Open Economy Macroeconomics
- Indian Economic Development: Indian Economy on the Eve of Independence
- Indian Economic Development: Indian Economy 1950–1990
- Indian Economic Development: Liberalisation, Privatisation and Globalisation – An Appraisal
- Indian Economic Development: Human Capital Formation in India
- Indian Economic Development: Rural Development
- Indian Economic Development: Employment – Growth, Informalisation and Other Issues
- Indian Economic Development: Environment and Sustainable Development
- Indian Economic Development: Comparative Development Experiences of India and its Neighbours
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