Chapter 8 SOUTH ASIA

Growing Indian Economy Sparks Housing Boom

After watching the Growing Indian Economy Sparks Housing Boom video, consider the questions below. Then "submit" your response.

1. The Jaypee development is located near

New Delhi

Mumbai (Bombay)

Kolkata (Calcutta)

Bangalore

2. The market for housing in India is that

There is more supply than demand

Demand outstrips supply

Supply and demand are in balance

The government has called a halt to developments because they take up farmland

3. The backbone of a growing Indian middle class is

The high-tech industry

Indians living abroad and sending back remittances

Multiple-income families

Speculative wealth

4. Rising income levels

Have reached all segments of society

Have made the poor poorer

Have had little impact on income distribution

Have not benefitted everyone

5. According to the World Bank, the number of Indians living on less than $1 a day is

1 billion

750 million

450 million

300 million