The Greek writers considered both the sciences one and called Economics as Political Economy. Economics was called Political Economy by the Greeks and was defined by them as the art of providing revenue for the state.”
Relationship Between Political Science and Economics
Proximate Factors Affecting H Theory of Money in Supply
Some of the Proximate Factors Affecting H Theory of Money in Supply are: (1) Net RBC to government, (2) RBC to banks, (3) RBC to development banks, (4) Set foreign exchange assets of the RBI and (5) Set non-monetary liabilities of the RBI.
Reserve Bank’s Analysis of Money Supply
Reserve Bank’s Analysis of Money Supply!
Quantity Theory of Money (QTM), Excess Demand and Inflation
Quantity Theory of Money (QTM), Excess Demand and Inflation!
What were the reasons behind forced migration and slavery?
The Europeans generated search for labour for working in the estates, plantations and mines. They imitated the cultivation and consumption of sugar from the Arabs. Columbus introduced sugar in West Indies in 1493.
What do you mean by Penetration in New Worlds?
In the far north of North America from AD 1000 onwards, the Palaeo-Eskimos of the eastern Arctic retreated before the eastward migration of the sea faring Neo Eskimos. They used harpoons for hunting whales.
What was the technological advancement and innovation in warfare strategies responsible for the European conquests overseas?
Western naval supremacy over the oceans was the first step in the process of European expansion. The superiority of the Western navies especially as regards long-range bulk transport was one of the principal factors behind the successful establishment of maritime empires in the extra-European world.
What was the Chinese experience in the light of underdevelopment?
China was more unfavorably placed than India at the time of its ‘liberation’ in 1949. It lagged behind India in terms of infrastructure and industrial development.
What were the different paths to industrialization followed by Britain, France and Germany?
There have been and are many paths to industrialization between countries. Britain’s transition to capitalist industrialization was not at all typical of the European experience.
What was the role of trade in the commercial capitalism?
As the name indicates, Commercial Capitalism emerged primarily out of profits of trade and commerce. The nature of this trade is considered to be long- distance trade.
What was the Role of Mercantilism in the Commercial Capitalism?
Mercantilism, a term coined by Adam Smith, played a very important role in the evolution of Commercial Capitalism. Maurice Dobb refers to it as ‘a system of state regulated exploitation through trade essentially the economic policy of an age of primitive accumulation.’
Who is a Capitalist Entrepreneur?
One very significant change with capitalist industrialization has been the enormous expansion of the middle strata.
What were the Socialist Initiatives Outside the Soviet Bloc?
Attempts to rein in capitalism were common in a number of countries where socialists were powerful during the inter-war and post-Second World War period.
Short Essay on Underdevelopment Countires with Special Reference to India
Underdeveloped (or in economics terms less-developed) country is simply one where the resources of the area are not used to their full potential.
What are the Policy Options to Check the Underdevelopment?
The process of economic growth is determined by two sets of factors. They are economic and non-economic factors:
What are the Socioeconomic Features of Underdevelopment Countries?
Underdevelopment is the state of an organization (e.g. a country) that has not reached its maturity. It is often used to refer to economic underdevelopment, symptoms of which include lack of access to job opportunities, health care, drinkable water, food, education and housing.
Privacy Overview
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |