How is the economy like a roller coaster?
Colbert took a stab at summing up what he had learned once the ride was over: “It seems like the economy is like a roller coaster in that it goes up, it g...
Category: News
What is the work of NSSO?
The National Sample Survey Office(NSSO) in India is a unique setup to carry out surveys on socio-economic, demographic, agricultural and industrial subjec...
Why are echinoderms important?
Echinoderms are important for the ecosystem. They are also a source of food and medicine for humans. Echinoderms play numerous ecological roles. Sand doll...
What was the key economic problem of the 1970s called?
Surprisingly, the United States experienced high unemployment and high inflation simultaneously in the 1970s — a phenomenon called stagflation. Experts an...
Which country is known as the coco market of the world?
Ivory Coast leads the world in production and export of the cocoa beans. This country supplies around 33% cocoa of the world. Which continent exports the ...
What is significant about Umayyad period?
The Umayyad dynasty centralized authority within the Islamic civilization, perhaps most notably with its fifth ruler ʿAbd al-Malik. The Umayyads also over...
Why are free markets important?
Free Market Economy It contributes to economic growth and transparency. It ensures competitive markets. Supply and demand create competition, which helps ...
What were some major problems the US had under the Articles of Confederation?
With the passage of time, weaknesses in the Articles of Confederation became apparent; Congress commanded little respect and no support from state governm...
What did the Economic Recovery Act do?
An act to amend the Internal Revenue Code of 1954 to encourage economic growth through reduction of the tax rates for individual taxpayers, acceleration o...
What are the externalities caused by automobiles?
According to Harvard University, the main externalities of driving are local and global pollution, oil dependence, traffic congestion and traffic accident...
