Adam Smith
Adam Smith Adam Smith was a Scottish economist and philosopher who was a pioneer in the thinking of political economy
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Economy
The Sectors of Economy
Understanding the Sectors of Economy: Primary, Secondary, and Tertiary The global economy is a complex system that economists divide into
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Mixed Economy: Origins, Advocacy, Global Adoption, Successes, Challenges, and the Indian Context A mixed economy represents a synthesis of capitalism
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State Economy: The Antithesis to Capitalism State economy represents a fundamental alternative to the capitalist economic model, characterized by government
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The Fisher Effect: Understanding the Relationship Between Inflation and Interest Rates The Fisher Effect represents one of the most fundamental
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PM GATISHAKTI
PM GATISHAKTI: Powering India’s Infrastructure Growth Introduction In August 2021, India’s Prime Minister Narendra Modi unveiled a visionary and ambitious
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The Incremental Capital Output Ratio (ICOR)
The Incremental Capital Output Ratio (ICOR) is a key concept in economics and finance that plays a crucial role in
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The Capitalist Economy
Introduction The capitalist economy is a system characterized by private ownership, market competition, profit maximization, and minimal government intervention. Also
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Major economical events
Modern world history has witnessed significant economic events that have shaped the global economy. Here are some major economic events
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Asian Development Bank (ADB): Driving Sustainable Development and Economic Growth in Asia
Introduction:The Asian Development Bank (ADB) stands as a pillar of economic cooperation and development in the Asia-Pacific region. Since its
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