Industry refers to economic activities, which are connected with conversion of resources into useful goods. Industry is concerned with the…
Business refers to any occupation in which people regularly engage in an activity with an objective of earning profit. The…
According to Prof. Samuelson, every economy has three basic problems of resource allocation: (a) What to produce and how much…
The introduction of High Yielding Varieties (HYV) of seeds and the increased use of fertilisers, pesticides and irrigation facilities are…
Yes, we agree with the above statement that the traditional handicrafts industries were ruined under the British rule. The following…
India was under British rule for almost two centuries before attaining Independence in 1947. The main focus of the economic…