Has made positive contribution to India IT sector?
India has become the world’s largest sourcing destination for the IT industry. Online retailing, cloud computing and e-commerce are all contributing to th...
What are the features of Indian rural economy?
Dependence on Agriculture: The rural economy depends much on nature and agricultural activities. Agriculture and allied activities are the main occupation...
What type of diffusion is economic development through international trade?
Cards Term The science of mapmaking is Definition cartography Term Economic development through international trade is an example of what type of diffusio...
Is economic growth good for the environment?
The link between greenhouse gas emissions and economic prosperity is no different. Using data from the United States, Professor Robert McCormick finds tha...
What does World Economic Forum do?
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural an...
How do you measure economic productivity?
Productivity is measured by comparing the amount of goods and services produced with the inputs which were used in production. Labor productivity is the r...
Why are subsidies important?
Basically, subsidies are provided by the government to specific industries with the aim of keeping the prices of products and services low for people to b...
What percentage of the money spent on gasoline does each of the entities components involved in the production the making of gasoline receive when gas is sold?
Most of your gas money goes directly to oil companies Of the remainder, 14 percent of the money spent on gasoline goes to taxes that help pay for roads an...
What happened economically in the 1960s?
During that tax-cut-fueled economic expansion in the 1960s, real GDP growth averaged 5%, with growth as high as 8.5% in two quarters. US payrolls increase...
Under which method of inventory cost flows is the cost flow assumed to be in the reverse order in which the expenditures were made?
FIFO and LIFO. Under which method of inventory cost flows is the cost flow assumed to be in the reverse order in which the expenditures were made? a. FIFO...
