Underemployment measures the total number of people in an economy who are unwillingly working in low-skill and low-paying jobs or only part-time because they cannot… Read More
Tag Archives: Economics-MAQ
Farming is the main production activity in Palampur and all over India. Over the years, many significant changes have occurred in farming. These have enabled… Read More
The Green Revolution is regarded as one of the most important movements in agricultural history. The initiative, which got its start in the 1960s, sought… Read More
MNCs, or transnational pots, are companies that operate in multiple countries, with services, manufactories, and other installations located in the different corridors of the world.… Read More
Bank plays an important role in the economic development of the country, without a sound effective banking system, no country can have a healthy economy.… Read More
India is an agricultural country. The primary income of most people living in the rural areas of India depends on agriculture. Every year, farmers need… Read More
Ration shops, also known as Public Distribution System (PDS), are government-run stores that provide food and other essential commodities at subsidized prices to people belonging… Read More
Any substantial asset or verifiable record that is commonly accepted as payment for products and services as well as the repayment of debts, such as… Read More
The installation of electricity helped the farmers in Palampur by improving the irrigation system in the community. In the past, farmers used Persian wheels to… Read More
Credit is the trust that permits one party to lend money or resources to another, with the understanding that the second party will either repay… Read More
Utility is a term used in economics to describe the value or worth of an item or service. The utility is more exactly the overall… Read More
Economic activity refers to the human endeavors that produce income. Economic activity enables us to develop income in the form of a wage or salary… Read More
A bill of exchange is a sort of written order or notification used in trading that obligates one party to make a certain payment to… Read More
Demonetization is the act of removing a currency unit’s legal tender status. It happens whenever the national currency changes. The current form or forms of… Read More
The economy is divided into three sectors: primary, secondary, and tertiary sectors. The primary sector involves the extraction and production of raw materials. For example-… Read More
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