Class 10  >  Social Studies (SST) Class 10  >  Lifelines of National Economy

Lifelines of National Economy Video Lecture - Social Studies (SST) Class 10

76 videos|505 docs|155 tests

FAQs on Lifelines of National Economy Video Lecture - Social Studies (SST) Class 10

1. What are the different types of lifelines in a national economy?
Ans. The different types of lifelines in a national economy include transportation, communication, and power supply. These lifelines are crucial for the smooth functioning and development of a country's economy.
2. How does transportation contribute to the national economy?
Ans. Transportation plays a vital role in the national economy by facilitating the movement of goods, people, and services. It enables the supply of raw materials to industries, distribution of finished products to consumers, and movement of workers to their workplaces. Efficient transportation systems help in reducing costs, improving trade, and boosting economic growth.
3. What is the significance of communication in the national economy?
Ans. Communication is essential for the national economy as it enables the exchange of information and ideas between individuals, businesses, and government institutions. It plays a crucial role in decision-making, coordination, and implementation of economic activities. Effective communication systems promote trade, investment, and innovation, thereby contributing to the overall growth of the economy.
4. How does power supply impact the national economy?
Ans. Power supply is a lifeline of the national economy as it fuels various sectors such as manufacturing, agriculture, services, and infrastructure. It ensures the functioning of industries, businesses, and households by providing electricity for production, lighting, heating, and other essential activities. Reliable and affordable power supply is crucial for economic development, attracting investments, and improving the quality of life.
5. What are the challenges faced by lifelines in a national economy?
Ans. Lifelines in a national economy face several challenges, including inadequate infrastructure, congestion, lack of maintenance, natural disasters, and technological obsolescence. These challenges can disrupt the smooth functioning of transportation, communication, and power supply systems, leading to economic losses and hindrance in the overall development of the country. Governments and stakeholders need to address these challenges through investments, policy reforms, and technological advancements.
76 videos|505 docs|155 tests
Explore Courses for Class 10 exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Download free EduRev App
Track your progress, build streaks, highlight & save important lessons and more!
Related Searches

shortcuts and tricks

,

Sample Paper

,

practice quizzes

,

Lifelines of National Economy Video Lecture | Social Studies (SST) Class 10

,

Important questions

,

Semester Notes

,

Summary

,

Free

,

Lifelines of National Economy Video Lecture | Social Studies (SST) Class 10

,

video lectures

,

Viva Questions

,

Previous Year Questions with Solutions

,

Exam

,

past year papers

,

MCQs

,

ppt

,

pdf

,

Objective type Questions

,

Extra Questions

,

Lifelines of National Economy Video Lecture | Social Studies (SST) Class 10

,

study material

,

mock tests for examination

;