Explain briefly balanced and unbalanced growth.
Introduction: The concepts of balanced and unbalanced growth are economic policies that guide how resources and investments should be distributed within an economy to stimulate…
What is Vicious Circle of Poverty? explain the determinants of B.P.L
Introduction: Many development barriers are both of cause and consequence of poverty such circular relationship perpetual the low level of development including capital deficiency and…
What is economic development? explain its determinants.
Introduction: Economic development refers to a process of expansion which leads to higher level of per capita real income. Economic development is the precondition of…
Distinguished between economic growth and economic development.
Introduction: Economic growth and economic development are both terms used in economics to describe progress in a nation’s economy, but they have different meanings and…
Explain the Social Security measures for industrial labor.
Introduction: Social security measures for industrial labor are policies and programs designed to protect workers in the industrial sector from economic insecurity and safeguard their…
What is Trade Union Movement? explain the weakness and measures to strengthen TUM.
Introduction: “A trade union is a continuous association of wage earners for the purpose of maintaining or improving the condition of the working life.” The…
What is Industrial disputes? explain the causes and measures to settle industrial dispute.
Introduction: Industrial disputes in economics refers to conflicts or disagreements between employers and employees within an industry. These disputes revolve around terms of employment, working…
What are Multinational Companies. explain its merits and demerits.
Introduction: Multinational company / corporations are huge industrial organization which extends their industrial and marketing operation over a number of countries. They are known as…
Internal Assessment Test – Questions with Answers-Economics-1(Principles of Economics) any one from each.
Q.1a. Critically explain the welfare definition of Economics. ANS- Welfare definition is also called as Neo-Classical definition of economics. Alfred Marshall gave this definition in…
Explain the problems of small scale industries in India.
Introduction: Small-scale industries (SSIs) are businesses that operate with a relatively low investment in capital, labor, and resources, and basically produce goods and services on…
