The United States of America is the world’s largest economy, and its economic growth has been a topic of discussion and debate for many years. Economic growth is
What is Monetary Policy? Monetary policy refers to those measures adopted by the Central Banking authorities to manipulate the various instruments of credit control. The instruments of monetary
Economic planning implies state intervention and administration to have conscious and coordinated efforts to control and direct economic activities. But mere state intervention cannot be construed as economic
Advantages of Socialistic Economy The following are some of the advantages of Socialistic Economy. 1. Best Utilization of Resources Socialistic economy can bring about efficient and best utilization
Role of Entrepreneurs in Economic Development of Country Role of Entrepreneurs in economic development of a country are discussed under the following heading. 1. Employment opportunities Entrepreneurs employ
What is an Economic Plan? An economic plan is an outline of schemes designed to achieve certain pre-determined economic objectives, in a particular order of priorities within a
In this article, we deal with various macroeconomic factors which not only influence the economic condition of the country but also the working of financial services in the
Banks directly play an important role in the economic development of the country. Here, we can see certain specific role of banks as financial intermediary. Role of Financial
Relationship between financial system and economic development The development of any country depends on the economic growth the country achieves over a period of time. Economic growth deals
