Question

Policy debates over models of development in india

Answer 1

Answer:

Explanation:

Answer: Two models of development are the capitalist and socialist models of development, India adopted the elements from both these models together to be known as “Mixed Economy”.09-May-2018

Answer 2

Answer:

Indian economy is one of the fastest-growing economies in the world. Its development- model is slightly different from other East or West Asian countries. Their development model is that of factory form, based on rapid industrialization, urbanization, and exploitation of natural resources. It doesn't look right for India.

Explanation:

what is development in:

Development refers to the attainment of adult status with self-control and stability involving complex changes in structures over time, the whole. Development means a progressive series of changes in an orderly and consistent manner.

Development Models are:

• The capitalist model works on the concept of individual possession of capital and the means of production. ,
• The socialist model differs from the capitalist model in the sense that it focuses more on the distribution of resources than on economic development.

characteristics of the development model of India are:

• If we look at our everyday life, it seems that our conveniences have really increased… Nowadays it is being reiterated on many levels that we are developing. If we look at our everyday life, it seems that our conveniences have really increased. It is certainly a sign of development.

Why is development important:

• Development cannot be linked only with material comforts, but in reality, a life full of material comforts is being considered a developed life, due to this pressure on people living in different environments, ecosystems, and cultures. It seems to them differently, except in their thinking, lifestyle, and feelings.