Archive | Economics

Britishers introduced a new class of landlords called Zamindars who regarded land as their private property and aimed at obtaining maximum monetary gains out of it. It ruined the self-sufficiency of the village…

On the basis of the following arguments we may make out a case against monopoly under capitalism….

There is excessive over-crowding in railway coaches especially in Second Class. Due to over-crowding, the plight of passengers traveling by second class is miserable. Provision of more and more sleeper coaches is a step to meet this challenge…

Cause of economic inequality in India or the inequalities of income exist in our society because of the following reasons…

The word feudalism comes from “feu”, “fend” or “feudum”, which stands for the fee or the fief. The fief is a piece of property held in return for services…

Mixed economy was introduced after laissez-faire. Since the Industrial Revolution in England and elsewhere the world came to be dominated by laissez-faire capitalism. According to the proponents of the laissez-faire philosophy, there should be …

Unemployment is a very complex phenomenon. It is rather easy to notice but difficult to define. Broadly, unemployment may mean lack of employment. Thus, any body who fails to work may be…

In the sixties, the problem of growth of monopoly power drew particular attention. The Government appointed the Monopolies Inquiry Commission in May, 1964, under the chairmanship of Justice K…

There are certain advantages (merits) and disadvantages (demerits) of mixed economy which may be discussed as follows…

The six solution of urban problems are : 1. Systematic development of urban centers and creation of job opportunities, 2. Regional planning with city planning, 3. Encouraging industries to move to backward area, 4. Municipalities to find own financial resources, 5. Amendment of Rent Control Act, 6. Adopting Pragmatic Housing Policy.

Rapid growth of population of a state retards the economic growth. There is surplus labor force and helps in the development of natural and economic resources utilization.

Urban problems are many. Drug addiction, crime, juvenile delinquency, begging, alcoholism, corruption and unemployment are a few of them. Let us analyze the incidence and prevalence of six crucial ones. They are:

The demographic feature of Indian economy states characteristics of population constitutes the human resources of a country. 6 Important Demographic Features of Indian Economy: Density of population, Sex composition, Age composition, Rural – Urban Composition, Life Expectancy, Literacy rate in India.