• Unemployment refers to a situation, when a person is able and willing to work at the prevailing wage rate, but does not get the opportunity to work. The term unemployment is directly related with the concept of labour force, because the people, who are not included in labour force cannot be regarded as unemployed. [Read more…] about Unemployment – Indian Economy – IAS APPSC TSPSC
Indian Economy on the eve of Independence
Most of the Aspirants preparing for competitive exams won’t read NCERT books due to time constraints. Here I am giving the GIST of ” Indian Economy on the eve of Independence “with new learning strategies.
- India –> British —- Raw Material Supplier
Reason – Industrial Revolution [Read more…] about Indian Economy on the eve of Independence – IAS APPSC TSPSC
POVERTY AND SOCIAL SECTOR
- Poverty is defined as the minimum basic consumption level, essential for survival.
Indian Economy on the eve of Independence – NCERT Class 11 Mind Maps
C0NCEPT OF OUTPUT
- What would we understand if we were told that today the largest economy in the world is the US? Surely, we would wonder on what parameter-—whether in terms of land area or population or output!