Ethics

1. What are the differences between China and India in their social economic developments
China and India are two of the largest and most populated countries in the world. In comparing their social economic developments, there are many differences, such as their unemployment rate. In 2009, Indias unemployment rate was 10.7 while Chinas was only 4.3. China also has a lower percentage of its population below poverty line compared to India. Regarding their literacy rate, China has a higher percentage, 90.9 compared to India, which is only 61. China also has higher life expectancy, and GDP (purchasing power parity, real growth rate, and per capita) than India.

2. Will Indias economy ever grow as rapidly as that of China
There is a probability that Indias economy will grow as rapidly as that of China because of the fact that they almost have the same population. The only way for it to achieve progress is through the nations effort, through the cooperation of all their citizens.

India has a higher percentage of labor force in agriculture. They may focus their attention on this so that they can attain growth of the economy.

Upon reviewing the distribution of the worlds income percentages, there were instances that India almost had the same percentage with China, so there is a chance for India to build up its economy even if it would take some time.

3. Which countrys development model is better and why
Given the current facts and figures, Chinas development model is better. This country was able to go along the current advancements in technology and it was also able to utilize its resources for the improvement of its economy.