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6 views16 pages

IEassignment

I have completed this quiz

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13657shabhinav
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© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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sucal No, Name Date Roi No 8) What *» ec onomics 2 C’conowmics. splat mleyo Xx mace Ans- —_ Economics th behavioval csefonce thed stud froduction , Histetbutton amd ee af goods 2 services. Economics Focuses on the bebautour amd _interactens of economic agents end ow. Ceomomies ayovk. Tn economics We Study “that Rous’ ty usa Dnttect resources te ger macmun — sabtsfacton, Rectoreting to fodher of econemics Adar Smith © Zeonomits, 2 ® scfence of wealth? Me economics - Tn micro etonomics we -Sducly hot Foro econ =: income; consumblten &. Lehavious of individual person: Ancome, Th examines He economte behavior of incbividuals & businesses focuaty ow ~ chetces -welatect> to oucesS Faculty Name : scarce ves Sign. With Date Example - Stualing hike for a Lindividwal consumer behavfer, & fersen decides Jo spend thety money : or a firm's decistons on Productton & frF%9 Deke a factory deri ding howe many "workers fo five. Macroeconomics - In smacroecpnornics Ave Study about Grvess Dorrestic Proderct (LDP), Pew Gprte ° t . eee trex) . feverty. sunerpley nent & other economic Reais é — : ebiae he economy. Tr alse exannine foctor Bie neBonel income, inflation unemployment R economic growth for exanple, anal =fn§ Low the changes an. raterest walls impact the entre economy's mye stment Aenels. Studying effects of goverament: «pending on overall Clomomic output teats “tinder macree Lonomics. Assignmeny Practical No Dat Name Roi Ho 38) braw a chart of different lybes of Ceonorny basecl on We Trade, fren x Gxb?- k mn th ' Ans - Different types oa Cconomy pase ° “ ie Erde Tadia, Russia, Braatl FacultyName: « : fice > Sign. with Date of Production. Cosfot ols sf Cenmormy, dh alte tallect os markel based economy horas [rice of 9° by riarkel forces. M1 es alse sevulees ave delowotne 1 tes Pos knawa ar foissez Tair Economy wibieh means (hes mrecyleets p no interfere of goveranient tn &)fohat he re : wa of at ave dhe raevedly & derventa of caftatest Ceonionney? fing thore és Lolat ‘Geeedomn X Porvale os rently of means f Mest of capitalist economy J Madomatic- H yreans avith oul ory goecsnen| interfere economy (works quo mab tea ky . Neeoraiog lhe fattoraee of. capil obit econorry Adam Sih soy ble Rand «theory: a ty @ 5 Abel copttetst | economy work on Last 22 fPerent use ot mresources- AW resources Ae put amto optima use because sfecrms tn copilolist econorme Work foe pratt vapeteiization Qo Mey use very. vesov0rces to oftimun use. aTacentve for Rardwork- Gel rove pr oft e., ee Jor moy effeceent y effectve DN serk hoa Whe ae 10 7 overeat Assignment Practea! No Date Name Rot No. 4s Peomomee teogress- Production p Froductivity devel ave Very high -g& catftalist eConomees which generate more -~evenue for geveronent & feads economic Progress an devas of Gok @ 5: Consumer Soverefgnty - all Procluctfon of goods & Services are aired at salting consumer heeds. In copttaltst economy production “fs based on consumer demand. * | | o Higher .wote of Capitol formation — High employment @ increase Saving & Rmvestment In ecenomy ashich Seocls te fagher ade uot capital Pocraction | Hdevelobmect of peur dechnolegy - As frott amotive. ecomomy ~oducer want move. 2 Merve produckton aotth uae of amfmirnum -cesources So they Saves? on mee teckmeloay te becoduce quality goods. Facutty Name Demerits of capitalist ecomomy L Wostage of ree Sources - Wastage of wesoure PS O Significant iesue, parttcularly in food & ws0ste management. [e508 asaak. sa ech malediat 92°62 crove arnuallly eebreserds 0 substantiol oss Ampacting agvicullue & economy. x . e@ Class SHrug ale - Class Straggle in Indfan econ fs @ ao aris ing fae stgnt fieant ero nenmS Se axl disparttes R historfeal Finequa testes , barton 3 welated to com plex- fssue. tatte & class ffvisfons. manifests tn VarPous Porns, cluding contfrcts behoeen different” sincere hee ' _ 9 B Rebeated business cycle - Repeated business cyele in Indian eConony reefers to the cyclical Piictuctfons ™ @ conornte actitty Like GiDP [Link], employment, MPLALGR” 2 aAiea terial Production thet octusr + over Pine wn a wracurring batern. Assigoment/ Practical No . Date Name ee Roll No. 4. Production of non-essential gook- Reduction of non- fconorny refers to manufacturing = Supply of frodacts thet axe ot usefd for baste Zurval. o- dos, @ essewHal qoeds jn Indian Necessities. They ee by Prcalt, Quscueny Atims tea ang Comsumte~s Pe Hem erhen the have Excess income ox during stably. Eg2 Qtomob ces exw Cars, moter ey ele) ® Consstmer electronics Cty, grmingcomse lec, Figh- end . smartphones) , Foster. R accessories (branded chething, , sot ches, jovellery) Hose de Ca, fir nlare, dle coradive ites) CoSmelics & fecsend tare «(fer bacres, fioh- ond’ / Ale ntavey ables: Pate Rimes floc 6 Coicanteal Sign. wth Date nlp decane oo amo vied) S High income “nm equality bagh a Corie in gual. f ff An Tadian Elomowmy motors to uneguat ebigheib whion of aoealtf & oncome dmveng the fobulation, where a Small Percentage of freofite Ti 6 dovge Shave of the Country's in come g weolH kite the Majority Straggle Qimvited aceess, to resources. Tmbact. of High Tneome Trequalet, Soctal Unvest- (an feacl to feastredion, protests z tow? Irets. wrth fou earnings 3 a) Poor Human ‘Develobment- Limited access to 8 Peaks 6 hucatrenls nutrition for faxince me groups. Economfe Tnethretency _ Reduces Everall dem, brodu cuty. rs ank = Weak Democracy - Poser gels concentrated among the wich 4 (a tfecting tele ss an policy-making. Assignment Practical No pass acid ° Rot Ho GQ) What Tare’ he merit and demenit of socialisl econory? Ans-Socakigm eters . to System of total planning , publre ownership & AHL control econeric actfvtifes «Tn SeGdbict ave ousned economy al major ecomomf activities @ & combrotled by government. Ths tye of corer ALL | e * ohsecth in at | public relfare. Pullfc welfare aa mata objective bow Lofey ynaxtatzadfon. Lt aims te Sf reolth @ Unzome — f known aS Command economy ‘ow Pllannedl ‘ewnory: wesprivces ave alS aon ® operated by gevermment for economic getivilies neither proft generale equality oy dfelvibudion — @ ea ~ Rc alpe, provide , equal, oppowtunthy cto oll citizens, Cound ye hag iden wk Ruedia, Chinas Vietnam, Poland % Cuba .ave example of Soctadratte eComomny, Faculty Name Sign. with Date Mevit of socials economy dF Reducton tn am equa ftlites - To equal fien weofor to uneven” dist+s bulion of antome, wealth, oppo~tunrttes R Aalcess to barte Seryfces. Dike edicodton, Lealth & employ ment Income -mequality - Qo behween ~ich peor Weolah 4nequabiy ~ dlittribution of assets & properly Soctol fnequality “bane Gh catite, gender weligion: Regional Jnequality a differences bet a Nees te ds fRevent states” ween urban -rural @ DRebondl allcadton of esoureds- Rebionad odlocditen # weSOUrCeS involves ef Pretend ly fslwtbudiag ~ available weSOUr CES Like: Land, Labor, cabtiok and nathined wesourees te anoaxumize their productive vse B achieve >. 2 csnoanne goals ; Pi lee Growth & social welfare. irasigomient Pract fo ate Flame a Roll No 3 Absence of class Conl Diels. Nbseace of gloss conf itcts in Indian economy fargo 4, O reylh or an exrresved lec In ceality | Trdian Pronomy 7 wnarlued by significant class divisions, & ten sions. The fevception ov, volobive Obaence of eDass _ Several fistorteat, Cubtbeces! 1 fobeticed 2 etonomtc, factors. Ue fnd of trade cycle-Lnd of Hivocle cycle Lon Trdiian @cenory iS marked by a transtHon es feriod of. Com~ractom (wecession ov debression) ts a feriod of @ &xfansiom (wecovery). erat Conte? can be atletbetrel to Recession— A peviod ok dechine _ an elonemic activity characterized by Podti ing Production | employment BN AnCowme. : : . Depresston- f severe and prolonged recession sotth @ stgnifrcant d~op 9 CComomic. Oct? valy and «chasiv ev. Faculty Name : pe © yes) pow Sign. with Date Recovery - The beginning of te exPansion phos 40 suber Ccomomic ackuity Starts to pick up arith tncgveased Jnvectment, production & embloy ment. 5 Prowmote sockal swelfare - Promoting soetal swelfare fwolves afpveach Cncombassing Varfoug goverorient orn schemes’ 2 fotcies Aimed of improving the e, Well-being of citizens) ford cudorely the vulnerable’ Sechons of Soc? ely. Denemit of Soctalisi ecomomy . ~ : de Red fapism & bureaucracy cues , : 2 2 Absence wf cincentives” & Uieibed eae of “Fite 4. Absence of frivale ; eector 5+ Lack opportunities Assignment Practical No Bate Nante Hoa tio &) Write the > ahasactes hes of the: Ta olan eConorry. Ams-The charactensltes of thelr ceONOMY are As fates t- . 4+ Agvo-based Society - Ay agre-hased seciely iy one urlowe a e.. Aignvfi cant porter ‘of the population weber om agriculure “fou bheir Rivel:Rood Q the Elomomy fs Theaistly Aebendent on agricultural froduction. Ts type 3 of society is chavaclertzed by ws ve Iran ce a facnitag 2 EE lected imdualrien for Austenance. @ & Ccrnomie Stability. 2: Mixed economy - A mixed gcamemy Combines elements - BP both ‘cobttotist YX Socialist como mies, allowtag for beth berate enterfrtse & government Genter vention. Tr Ladfan economy awe axe having three sector - Primary, Secondary x Tertiary & aU three sectors ave. working inde}en dent (y. Faculty Name . ’ . “i a Sign, with Date Slee ber cafe Lincome-Tndicadee @ Power awvoae income pe person fn a spec avoa, otter Signaling a dower gtandard of diving & Ont ted oe oe opbewtunites. Jl is a measure of fow ruth income on ayerage each fe eson an a country of * overall Teaon fas available t them, webie Cat) ge Economic well-being of population. ® 4: Denogvabhic dividend Tt’ ~efows de > the potertio’ a etemomic growth * that’ can vesult fron change ayn a country's one strurchive ohect freally when the proportion of working-age population «4s ersee +han dependent fepullation. . 2 5: Develo bing eConony- Develobing ecomomy ts characterized by a fower kevel of ecomormic gx outh & induntalizetor Compared bo developed Counkwies’ often usith sSex- per cabite | Ancome ‘amd greater reliance on acrricubbuve .. These) @Comormnies face chetlenges Oke Poverty 5 men ploy an ent g Anadegquoacte Lan Pd, cture. oy. Ove rpobudadon ay Dadian Ga tigen Feaet > Me eeermmy | imnavily by ehrarenena winbactyuchoe & cosp boyereet wes hes Beating te imcreasedd peverhy x Wifoere e Weguadty Tastes Gipp fos qrewn fe tal fe = Enq catancarets Wemain aria, TH Cabtat formadion- Tt vefers fo dhe -ineveose by the counhy's steck of hy stool x Puman captla ts which in crucial for Aviving @comorie growth & © aeelprents : . , Gress Gabttel Formation: Tha, aa the agasegele of eatdition fo Peek assets tke buildings machinery avd changer Fo Emventor®s, encompassing beth public amd 4privale acter tmvestments. Faculty Name : Sign, with Date QW What as dhe difference hehueon eroner® avpiavip R economic developereet ? 2 Ans- Economie growth serfers bo the quark sas 8 $- % dmerease in a Cound «9's fetoductton a we hpret ite henes Sev utceos Vaca maanuwea by Gyros bree Peedact (GDP). Yk narrousee Coenceft that of Ceonormfe feveoprent. * E-9> Givoss Donestic Product (GiDPI, Gre Nahonal Product (Gin P) Leomorrnic. dayelop rent ence mbasses \wroade+ ebtdine improvements in Jinitng standards including Tactovs Bike Pealkh , educabon 2 overall, well-being. $y aso bwonden Concept than tat of acanemte “gx ousth. E93) Hun ok Development Tndex (Hor), per capits income , induce t develobment

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