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Explain the importance of housing. - Economic Applications

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Question

Explain the importance of housing.

Explain
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Solution

  1. Housing is a basic human need, ranked just after food and clothing. It protects people from weather elements and provides a place to rest and live with family.
  2. Housing improves physical quality of life and boosts labor productivity. Also, construction generates employment.
  3. In India, there is an acute shortage of housing in both rural and urban areas, leading to the growth of slums and unhygienic conditions. Less than 12% of people live in pucca (permanent) houses; many rural houses lack basic amenities like safe drinking water, bathrooms, and toilets.
  4. Rapid urbanization has increased housing demand, often leaving it unmet. The government has introduced various schemes to improve rural and urban housing, but the housing problem remains severe, with nearly 2 crore people homeless and poor living conditions in many areas.
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Chapter 11: Social Infrastructure - QUESTION BANK [Page 154]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 11 Social Infrastructure
QUESTION BANK | Q 17. | Page 154
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