Saved Bookmarks
| 1. |
Give, the formula for ‘economic culture’ as propounded by Pt. Deen Dayal Upadhyay. |
|
Answer» According to Upadhyay, production, distribution and consumption, these three human activities regulate its economic life. The formula of Upadhyay’s culture is moderate production, distribution and controlled consumption. Sufficient production is required as a moderate production for the requirement of consumption and expected savings. Distribution should be such that bread, clothes, housing, education and medical care; these requirements could be fulfilled by each person. |
|