Population Growth and Economy in India

These flashcards encompass key terms related to population growth and economic indicators in India, highlighting important concepts for examination preparation.

Population Density

The number of people living per unit area of land, typically expressed as people per square kilometer.

Sex Ratio

The ratio of males to females in a population, often expressed as the number of females per 1,000 males.

Literacy Rate

The percentage of people who are able to read and write within a population.

Per Capita Income

The average income earned per person in a given area in a specified year.

National Income

The total money value of all goods and services produced in a country in a year.

Gross National Product (GNP)

The total monetary value of all finished goods and services produced by a nation's residents in a year, including income from abroad.

Gross Domestic Product (GDP)

The total monetary value of all finished goods and services produced within a country's borders in a year.

Structural Unemployment

A type of unemployment caused by fundamental shifts in the economy, often resulting in a mismatch between workers' skills and job requirements.

Green Revolution

A period of agricultural transformation involving the adoption of high-yielding varieties of seeds, fertilizers, and improved irrigation techniques.

White Revolution

A significant increase in milk production in India, also known as Operation Flood, aimed at making India one of the largest producers of milk.

Gini Coefficient

A measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Lorenz Curve

A graphical representation of income distribution, showing the proportion of income earned by cumulative percentages of the population.

Cyclic Unemployment

Unemployment that correlates with the cyclical trends in the business cycle.

Agrarian Economy

An economy that is based primarily on agriculture and the cultivation of land.

Mixed Economy

An economic system combining private and public enterprise.

Nominal GDP

The gross domestic product measured at current market prices, without adjustment for inflation.

Planning Commission

A body in the Government of India responsible for formulating and assessing the implementation of economic policies and programs.