Economic Development
According to Professor Arthur Lewis “the increase in the
production of goods and serves is called economic development”. To lead a
better life, fundamental changes are brought about is the economy which results
an economic development. In short the movement of a backward economy towards
becoming a developed economy is called economic development. Live stock rearing
play an important role in the agriculture of Pakistan. Sheep farming is the popular
profession of people living in areas where there is grazing land. This has a
very important role in the economy of the county. Bulls are used for ploughing
the land and for transporting crops. Cows. Buffaloes, sheep, Goats are sued for
dairy products and meat. Their hides are used for manicuring leather produces.
Small Industry
In the industrial sector of Pakistan, large number of people
area associated with small industries. Small industry meansthat industry which
employs 2 to 9 workers and manufacturas different tiems Small industry is
widely recognized as a powerful instrument in the economic growth of Pakistan.
A few os small industries are dairy farm industry, beekeeping industry, utensil
making industry, poultry faming, carpet weaving, sports goods manufacturing
industries. Small and house hold industries can play vital role in increasing
rural income and reducing the pressure of migration of the cities.
Different sources of energy
Energy plays an important role in the economic development of
a county. Electricity is an important source of energy which fulfills
industrial and domestic needs. Natural gas INS used for producing thermal
electricity, in homes, industries for cares and other needs. In Pakistan
petroleum is an important source of energy as well. Coal is used in industries.
The rising price of petroleum and gas have led to the increased importance of
coal electricity, gas petroleum and coal are important sources of energy.
Cottage Industries
An industry or act of production which is carried out in home
or on small scale falls in the category of cottage industries. Cottage
industries us ally include those industries in thigh Pakistani craftsmen used
old fashioned, simple tools and traditional methods. Local raw materials are
used in these industries. Cottage industries play an important role in the
development of a country. These products form 30% of the exports of Pakistan.
Our famous cottage industries are crafts of spinning with a spinning wheel,
leather goods manufacturing, crafts of making clay utensils, different items of
making clay utensils, wood and iron craft, embroidery on clothes, silver and
gold craft etc.
Agricultural problems in Pakistan
Farmers should be given interest tree loan for modern
For irrigation purposes dams should be built to store rain
water.
To transport agricultural produce to markets, means of
transport should be developed. The system in markets should be modernized to
encourage farmers and develop the agricultural sector.
Tube wells and wells should be established where canal water
is not available to encourage farmers. Electricity should be made available for
tube wills is cheaper rates
Methods of protection from natural disasters like folds
should be devised. To increase the depth of the rivers, banks should be built
on the sides on the rivers.
Fishing. Fishing is one of the oldest professions in Pakistan.
Fish farming is an artificial method for reproduction purposes. Fish play an
important role increasing the national income and overcoming the scarcity of
food this lessens the load placed on the requirement of motion, beef and
poultry. More than 4 lakh fishermen and their families are related to this
profession fish is very important for human nutrition as it is an essential
source of protein. According to the fact and figures of economic survey of
Pakistan 2014-15, Fish production of Pakistan 5414500 metric ton per annum
Poverty
Poverty is an important problem of Pakistan. A person earning
less than 1.25 dollar per day living below the poverty line (according to the
world Bakes) Presently 21% of the world’s 7 billion population is the victim of
poverty because they can earn less than 1 dollar. In Pakistan 7% of the city’s
population lives below than the overtly line while the ratio is 15% in
villages. Poverty leads to hopelessness and the pace of economic development.
In Pakistan Poverty Reasons
Pakistan Population is increasing quickly, compared to this;
there is less increase in production
Capacity
Rate of inflation is high
Due to energy crises, employment opportunities are limited.
Illiteracy and lack of technical education
Economic development is slow and trade activates are limited
Reeducation of Poverty
Job opportunities should be created in different department.
Loan schemes for youth should be started so that the they can
establish their own business
Deserving students in education institutions should be provided
aid.
citizens should be
provided with basis facilities.
Indus water treaty
In 1947, at the time of partition, firozpur headwords built
on river Sutlej and Madhapur on river Razvi were also given to India. This was
despite the fact that the canals emerging from them irrigated a vast area of
Pakistan. India stopped the water flowing from these canals. This lead to water
dispute between these two countries To solve this issue, with the cooperation
of the world Bank, in 1960 both countries agreed to a treaty called the Indus
water treaty.
Narrate the uses of gypsum?
Gypsum is a useful mineral. It is used in the preparation of
phosphate fertilizer, gypsum I used as a raw material. It is also used in cement
industry paper manufacturing, plaster of sulphuric asic, paint and polish
industry and also in rubber industry.
Narrate the uses of sulphur?
Sulphur is an important mineral. Sulphur is used in ordnance factories,
sulphuric acid chemical industries, medicine manufacturing industry, safety
math industry, preparation of ammonium sulphate fertilizer, preparation of
paints and colors.
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