Inflation | Definition and Meaning | Characteristics
Definition and Meaning of Inflation Everyone is familiar with the term Inflation as rising prices. This means the same thing as fall in the value of money. Inflation is …
Tag: economy
How do taxation influence productivity of a Nation?
Taxation can influence the production of a nation by influencing four basic factors. They are as follows: Ability to work, save and invest. Willingness to work, save and invest. …
Economic Plan | Meaning | Features | Need | Types
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 specified …
Macroeconomic Aggregates and Policies
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 country. …
Mixed economy | Characteristics | Advantages | Disadvantages
What is a Mixed economy? Mixed economy is the combination of capitalism and socialism. Under the mixed economy, the advantages of both capitalism and socialism are incorporated and at …