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National social assistance PROGRAMME is a scheme initiated by the Central govt offering social assistance to the ELDERLY people in the FORM of monthly PENSION ... Distute women and widows are covered under this scheme....

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The reason behind the land fixing in palampur is that there is no way that the land can in INCREASE in village there is LOT of increase in POPULATION due to wich there is increase in pressure on land due to this reason land is fixed.

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Method of adding two INDIVIDUAL demand curve is called as Market Demand Curve.

Market Demand Curve is sum total of two or more individual demand curves for a single PRODUCT in the market.

If we ADD all the individual demand curves of all the CUSTOMERS of a product, we get the total market demand curve.

The LAW Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit declines. Marginal utility is derived as the change in utility as an additional unit is consumed. Utility is an economic term used to represent satisfaction or happiness. Marginal utility is the incremental increase in utility that results from consumption of ONE additional unit.

BREAKING DOWN 'Law Of Diminishing Marginal Utility'

Marginal utility MAY decrease into negative utility, as it may become entirely UNFAVORABLE to consume another unit of any product. Therefore, the first unit of consumption for any product is typically highest, with every unit of consumption to follow holding less and less utility. Consumers handle the law of diminishing marginal utility by consuming NUMEROUS quantities of numerous goods

Answer:

Though income is ONE of the most important components of DEVELOPMENT, but there are other important goals which people look at for development—

People also seek things LIKE equal treatment, freedom, security and respect.

Women need a safe and SECURE environment to take up a variety of jobs or to run businesses as entrepreneurs.

People seek a pollution free environment.

Students seek better education and equal opportunities to LEARN.

Skill DEVELOPMENT programs like Skill India are aimed at Human Capital Formation, I.e. it increases the capacity and skill of human RESOURCES. ... So, as under-utilization is absent, when we further improve the skills of existing WORKFORCE, productivity increases, economic growth happens. PPC SHIFTS Rightward.

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Electricity is the main source of irrigation in palampur.Before electricity tube wells, persian wheels, rai.streams ETC,.

water from streams,tube wells,rains and or MANY source of irrigation in palampur.

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reserve engineering integrated CIRCUITS can be the DICTATOR of DEVELOPMENT as development MEANS improving our self and improving the condition is a positive manner of than the present and here there are various types of decorator of development

SC :- scheduled caste
PHC:- primary health CENTRE
CHC:- Community health Centre...


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(a) INDUSTRIAL Unemployment:bThe Britishers had TOTALLY destroyed the village based industries. The condition of artisans and farmers was not good. They migrated to the urban areas in search of jobs.But they could only increase the number of unemployed persons.In recent years many industries have been modernized. New and automation techniques of production have rendered many workers unemployed. It is called ‘technological unemployment.Industrial activities are increasing by leaps and bounds. Fluctuations in the business activities affect the level of employment. Industrial RECESSION of 1966-68 rendered many workers unemployed. Recent power shortage in many states has slackened the industrial activity and increased the number of unemployed persons. It is called ‘cyclical unemployment’.
(B) Educated Unemployment:Indian universities and colleges have been producing lakhs of graduates every year. Education in India is not ‘job oriented’. Students have been aimlessly studying different courses.When they come out of college after completing their education, they fail to GET suitable jobs. Educated unemployment entails a waste of the country’s most valuable resource, the human capital.

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The medium and large scale FARMERS have a large produce over their big peice of land. They keep some PART of the produce for the CONSUMPTION of their family and sell the LATTER in the market and earn huge profits. They keep some of the money earned from such a large produce as a capital for the next year and deposit the rest in a bank as their savings.

Electricity has had major impact on the FARMERS in Palampur in a variety of ways. These are: ... Larger areas could be irrigated in lesser TIME with the help of tube WELLS and pump SETS, which ran on electricity. A variety of crops could be grown all round the YEAR because of the improved irrigation system.

Answer:

Surplus is the difference between the QUANTITY of TOTAL production of the farmer and the quantity that he keeps for self consumption. Medium and large farmers PRODUCE a large surplus of crop. By selling this surplus crop in the market they earn income.

The traders, Aarrtias and government agencies buy that surplus and sell it further to shopkeepers in the towns and cities.

The ANSWER of your QUESTION is CORE INFLATION

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Cheap and affordable credits PLAY a crucial role for the development of a country.

There is a HUGE demand for loans for various economic development activities.

This CREDIT helps people to meet the ongoing expansesof production and there by develop their business.

In this way credit plays an important role in development.

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The most widely used definition ofSustainable Development is the definition of the Brundtland report, which says: “Sustainable Developmentis a development that meets the NEEDS of the present without compromising the ABILITY of FUTURE generations tomeet their own needs.”

The most widely used definition of Sustainable Development is the definition of the Brundtland report, which says: “Sustainable Development is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”

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i- the tertiary sector provides the basic services like public TRANSPORTATION, medical car, electricity ,BANKING, post office etc under the control of the govt.

ii- the tertiary sector creates an huge area for employment even for uneducated and unskilled workers.

iii- the tertiary sector distributes the consumer goods to DIFFERENT suppliers

iv- the tertiary sector ACCOUNTS for most of the national income and per capita income

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✔✔ BITCOIN is a TYPE of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the TRANSFER of funds, OPERATING independently of a central bank.... .

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Aim of Production :-
The aim of production is to produce the goods and services to generate WEALTH that we want for ourselves.

There are four requirements NEEDED for the production of goods and services. These are described as follows.

1) Land -
Land is fixed and immobile in nature. Land is a free and a valuable gift by nature to mankind. It is used for various purposes such as mining, agriculture, running an INDUSTRY etc. It is an important requirement for production of goods and services. Without land, production is impossible. Rent is the remuneration for land.

2) Labour -
Labour means human force. Things cannot be produced unless someone makes them. Labour represents all the people that are available to transform resources into goods or services that can be PURCHASED. Labour is not fixed, rather it is mobile in nature. Labour move from one place to another place, one employer to another employer, in search of better opportunity. Wage rate is the remuneration for labour. Labour is another important requirement for production of goods and services.

3) Capital -
we will need money to produce any kind of goods or services. So, capital is called the life blood of all economic activities. It's what capital allows labour and land to be purchased. Steady streams of capital are often required in order to keep a business going. Capital can be further divided into two - fixed capital and working capital. Interest is the remuneration for capital.

4) Human Capital or Entrepreneur -
Entrepreneur is the person who is combining all the requirements of production of goods or services. He puts together land, labour and capital to produce the desired goods or services. The entrepreneur takes risks as he invests his capital in the business. Profit is the remuneration for entrepreneur.

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A TERM loan is a monetary loan that is repaid in regular payments over a set period of time. Term loans USUALLY last between ONE and ten years, but MAY last as long as 30 years in some cases. A term loan usually involves an unfixed interest rate that will add additional balance to be repaid.
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As it TELLS the STANDARD of LIVING of PEOPLE.

Answer:

In capitalism only private sector exists.

2. The aim of production is to EARN maximum profit

3. In capitalism, only those consumer goods are produced which are in demand i.e. goods that can be sold profitably either in the domestic or in the foreign markets.

4. The role of GOVERNMENT in the capitalist economy is very limited.

5. In capitalist economy central problem of an economy (what, how, for whom to PRODUCE) are SOLVED by the forces of demand and supply in the market.

In socialism only public sector exists. The aim of production is maximum social welfare

In socialist economy, the government produced those goods which are needed by society.

In socialist economy, the government has full control on the economy.

In socialism, decisions related to what, how and for whom to produce are TAKEN by some central authority appointed by the government of the country.

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1- Market activities involve those activities which are PERFORMED basically for the purpose of the SALE in the market and that include remuneration or profit. In simple words, the main motive of doing such activities is to earn profit by SELLING the output in the market.
Example : a vegetable VENDOR selling vegetables , a grocer selling grocery, a shoemaker selling shoes, a general merchant selling consumer DURABLE etc.

2- Non market activities are those activities primarily undertaken for the purpose of self-consumption. These activities don't give profit as they are for self consumption.
Example : A farmer cultivates primarily for himself and his family and not for earning profit.

VENEZUELA is a country in South America, and part of the CARIBBEAN South America, bordering the Caribbean Sea and the North ATLANTIC Ocean,№ between Colombia and Guyana. It is SITUATED on major sea and air routes LINKING North and South America.

Human RESOURCES are more SUPERIOR than land and capital because if human is SKILLED then the use of other resources will be more accurate and more productive

Environmental degradation is the deterioration of the environment throughdepletion of resources such as AIR, water andsoil; the DESTRUCTION of ecosystems; habitat destruction; the EXTINCTION of wildlife; andpollution. It is DEFINED as any CHANGE or disturbance to the environment perceived to be deleterious or undesirable.

The TOTAL AMOUNT of money earned within a COUNTRY.

Green REVOLUTION brought the use chemical fertilisers all over the world.It INCREASED pollution and DISTURBED the texture as well as natural humus in soil.Therefore it is said that green revolution is associated with LOSS of soil fertility.

They are classified into TWO types

(i) Organized

(ii) Unorganized

The organized sector covers those enterprises or places of work where the terms of employment are regular and therefore, people have ASSURED work. They are registered by the government and have to follow its rules and regulations which are given in various laws such as the Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops Act etc. Examples are reliance Industries Ltd, Tata MOTORS etc.

The unorganized sector contains enterprises not registered by the government. The unorganized sector is CHARACTERIZED by small and scattered units which do not follow proper rules for employment or give any leaves or other benefits. Examples are casual workers in construction, in shops, garages, etc.

This figure out that what is the demographic PROFILE of a country......
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If in a country LIFE expectancy is high it SHOWS that country is developed becz there are food SUFFICIENCY, high medical advantages etc......
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If the life expectancy is low it shows the bad profile of that country..... as low standard medical SYSTEM, food threats etc...
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Land
LABOUR(SKILLED and unskilled)
PHYSICAL capital(fixed and working)
HUMAN capital(enterprise)
these are the four major requirements for the production of GOODS and services.

It indicates the number of children that die before the age of ONE YEAR as a proportion of LIVE children born in that particular area

By GOPI GROSS DOMESTIC REPORT

The capital requirement is fulfilled by the FARMERS of PALAMPUR from their savings and the BIG farmers fulfill their capital requirement by the Savings and the interest paid by the LOWER farmers and the lower farmers fulfill the capital requirement why TAKING loan


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In recent times,the sources of credit ARRANGEMENT for the people are moneylenders,relatives,shahukars,ETC.
Barter system was MOSTLY used in recent time.
But,now the source of credit for people are Banks,Committees,etc.

Organised SECTOR:-

The workers enjoy the security of EMPLOYMENT in the organised sector.

Workers get regular monthly salary.

The activites are registered by the government and one has to follow the rules and regulations.

Workers are BENEFITS like PROVIDENT fund, paid leave, medical benefits, etc.

Working hours are FIXED in organised sector.

Working Condition are favourable.

Unorganised sector :-

The small and scattered units, which are mostly outside the control of the government, come under the unorganised sector.

Workers get daily wages.

Rules and regulations are not followed here.

Workers do not get any such benefits.

Working hours are not fixed here. Sometime, workers work for more than 10 hours.

Workers condition are not favourable.

physical capital is the variety of INPUTS REQUIRED in every stage during production.  It INCLUDES fixed capital and working capital.

while working capital is MONEY which is required for payments and to buy necessary ITEMS.,raw material