Digestion is the breakdown of food into smaller particles or individual nutrients. It is accomplished through six basic processes, with the help of several body fluids-particularly digestive juices...
Economy of a country includes all production, distribution or economic activities that relate with people and determines the standard of living. On the eve of independence Indian economy was in ver...
Economic Planning: Means utilisation of country's resources in different development activities in accordance with national priorities. Goals of Planning in India Long Term Goals(To be achieved ove...
Economic reforms or structural adjustment is a long term multi dimensional package of various policies (Liberalisation, privatisation and globalisation) and programme for the speedy growth, efficie...
Poverty is the inability to fulfill the minimum requirement of life like food, clothing, housing education and health facilities etc. Relative poverty refers to poverty of people in comparison to o...
Human capital refers to the stock of skill, ability, expertise, education and knowledge in a nation at a point of time. Physical capital refers to assets which themselves have been manufactured and...
Rural development is a comprehensive term which essentially focuses on action for the development of area which is lagging behind in overall development of village economy. Objectives of rural deve...
Work plays an important role in our lives as an individual and as members of society. A worker is an individual, who is involved in some productive activity, to earn a living. An economic activity ...
Infrastructure refers to all such services and facilities, which are needed to provide different kinds of services in an economy and which are essential in raising the place of economic growth of a...
Environment is defined as the total planetary inheritance and the totality of all resources. It includes all the biotic and abiotic elements that influence each other. All living elements-the birds...
All the three countries started their development path at the same time. India and Pakistan got independence in 1947 and people's Republic of China was established in 1949. All the three countries ...
When a new partner is admitted in a running business due to the requirement of more capital or may be to take advantage of the experience and competence the newly admitted partner or any other reas...