#economics

Gig Economy

What Is the Gig Economy? In a gig economy, temporary, flexible jobs are commonplace and companies tend to hire independent contractors and freelancers  instead of full-time employees. A gig economy […]

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Property Rights

What Are Property Rights? Property rights define the theoretical and legal ownership of resources and how they can be used. These resources can be both tangible or intangible and can […]

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Financial Literacy

What Is Financial Literacy? Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy is the foundation of […]

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Keynesian Economics

Keynesian Economics is a macroeconomic theory that came into existence after the fall of Classical Economics. It was given by John Maynard Keynes in order to understand the Great Depression […]

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Classical Economics

Classical economics relates to the school of thought of economics that originated in Britain during the late 18th and early 19th centuries. The classical economists believed in the existence of […]

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INDUSTRIAL SICKNESS

Industrial sickness refers to the situation wherein an industrial firm performs poorly, incurs losses for several years and often defaults in its debt repayment obligations. The problem of industrial sickness has grown significantly over the years in India and a large number of industrial units were affected by it. There […]

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Income Inequality in India

Income inequality refers to the unevenness in the distribution of income throughout the population. In India, income inequality has emerged as one of the major economic problem and is increasing. According to World Inequality Report 2018, inequality in India has increased substantially from the 1980s onwards. The top 0.1 per […]

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