LAND UTILIZATION Land is a scarce resource, whose supply is fixed for all practical purposes. At the same time, the demand for land for various competing purposes is continuously increasing with the increase in human population and economic growth.Land use pattern at any given time is determined by several factors including size of human and livestock population, the demand pattern, the technology in use, the cultural traditions, the location and capability of land, institutional factors like ownership pattern and rights scale regulation. Major Types of Land Utilization in India : As in all other countries, land in India is put to various uses. The utilization of land depends upon physical factors like topography, soil and climate as well as upon human factors such as the density of population, duration of occupation of the area,land tenure and technical levels of the people.There are spatial and temporal difference in land utilization due to the continued interplay of phys...
China -A developed nation
•China,is said to be the country who has
its economy for the pas ten years.
•There is large scale capital investment financed by domestic savings and foreign investment.
•There is rapid productive growth in China.
Reforms of China led to higher efficiency in economy which boost up the output.
•It also increased resources for additional investment.
•Chinese savings were generated by the profits of SOEs which were used by Central government for domestic investment.
•Decentralization of economic production LEDs to growth in chinese savings.
•Gross domestic savings exceeds the domestic investment in China which made the China global lender.
•Reallocation of resources are shifted to more productive uses in those sectors which are controlled by Central govt.
•Foreign direct investment in China bring with it new technology that boost up the efficiency.
•China has diversified into resource and development. It invests in labour and capital in innovation to sustain it's growth.
•It has wealth of natural resources having reserves of coal ,oil and natural gas which is used to fuel industrial development.
•China is now called as upper middle income country.
•It has been giving real importance to health ,education ,social welfare and many other common services.
•China's growth based on exports,resource intensive manufacturing has reached its limit almost.
•China is known as the developed country when almost all other countries start developing together .
•Due to rapid economic pace , policies , schemes , China has already been counted as fastest growing economy .
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